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Pacific Gas and Electric Company

The Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU).[2] The company is headquartered at 300 Lakeside Drive, in Oakland, California. PG&E provides natural gas and electricity to 5.2 million households in the northern two-thirds of California, from Bakersfield and northern Santa Barbara County, almost to the Oregon and Nevada state lines.[3]: 27 [4]

PG&E Corporation
TypePublic company
Industry
Founded1905; 118 years ago (1905)
Headquarters
Key people
  • PG&E Corporation:
  • Robert Flexon (Chairman)
  • Patti Poppe (CEO)
  • Chris Foster (EVP & CFO)
  • Pacific Gas & Electric Company:
  • Adam L. Wright (EVP & COO)
  • Janisse Quinones (SVP, Electric)
  • Joseph Forline (SVP, Gas)
Products
Revenue US$20.64 billion (2021)
US$1.88 billion (2021)
US$−102 million (2021)
Total assets US$103.33 billion (2021)
Total equity US$20.97 billion (2021)
Number of employees
~26,000 (2021)
Websitepgecorp.com
Footnotes / references
[1]

Overseen by the California Public Utilities Commission, PG&E is the leading subsidiary of the holding company PG&E Corporation, which has a market capitalization of $3.242 billion as of January 16, 2019.[5] PG&E was established on October 10, 1905 from the merger and consolidation of predecessor utility companies, and by 1984 was the United States' "largest electric utility business".[6] PG&E is one of six regulated, investor-owned electric utilities (IOUs) in California; the other five are PacifiCorp, Southern California Edison, San Diego Gas & Electric, Bear Valley Electric, and Liberty Utilities.[7]

In 2018 and 2019, the company received widespread media attention when investigations by the California Department of Forestry and Fire Protection (Cal Fire) assigned the company primary blame for two separate devastating wildfires in California.[8][9] The formal finding of liability led to losses in federal bankruptcy court.[10] On January 14, 2019, PG&E announced its filing for Chapter 11 bankruptcy in response to its liability for the catastrophic 2017 and 2018 wildfires in Northern California.[11][12] The company hoped to come out of bankruptcy by June 30, 2020,[13][14] and was successful on Saturday, June 20, 2020, when U.S. Bankruptcy Judge Dennis Montali issued the final approval of the plan for PG&E to exit bankruptcy.[15][16][17]

History

Early history

San Francisco Gas

In the 1850s, manufactured gas was introduced to the United States for lighting. Larger American cities in the east built gasworks, but the west had no gas industry. San Francisco had street lights only on Merchant Street, in the form of oil lamps.[18]: 11 [19]

Three brothers—Peter, James, and Michael Donahue—ran the foundry that became the Union Iron Works, the largest shipbuilding operation on the West Coast, and became interested in manufacturing gas[18]: 11 [20] Joseph G. Eastland, an engineer and clerk at the foundry, joined them in gathering information. In July 1852, James applied for and received from the Common Council of the City of San Francisco a franchise to erect a gasworks, lay pipes in the streets and install street lamps to light the city with "brilliant gas". The council specified that gas should be supplied to households "at such rates as will make it to their interest to use it in preference to any other material".[18]: 11–12  Eastland and the Donahue brothers incorporated the San Francisco Gas Company on August 31, 1852, with $150,000 of authorized capital. It became the first gas utility in the West. Its official seal bore the inscription "Fiat Lux"—let there be light—the same slogan later adopted by the University of California. There were 11 original stockholders, and the three Donahue brothers subscribed for 610 of the 1,500 shares.[18]: 12 

The original location for the gas works was bounded by First, Fremont, Howard and Natoma streets south of Market, on what was then the shore of the San Francisco Bay. Work on the plant started in November 1852, and finished a few months later. On the night of February 11, 1854, the streets of San Francisco were for the first time lighted by gas. To celebrate the event, the company held a gala banquet at the Oriental Hotel.[18]: 13  Gas lighting quickly gained public favor. In the first year of operation, the company had 237 customers. That number more than doubled the next year, to 563. By the end of 1855, the company had laid more than 6 ½ miles of pipe and 154 street lamps were in operation.[18]: 15 

The growing popularity of gas light led to competing gas companies, including the Aubin Patent Gas Company and Citizens Gas Company. The San Francisco Gas Company quickly acquired these smaller rivals. However, one rival did provide serious competition.[18]: 26–30  The Bank of California founded the City Gas Company in April 1870 to compete with the gas monopoly held by the Donahue brothers' operation.[21] City Gas began operation in 1872 and initiated a price war with the San Francisco Gas Company.[18]: 26–30  In 1873, the two companies negotiated a consolidation as a compromise and the Bank of California gained part ownership of "the most lucrative gas monopoly in the West".[21] On April 1, 1873, the San Francisco Gas Light Company was formed, representing a merger of the San Francisco Gas Company, the City Gas Company, and the Metropolitan Gas Company.[18]: 26–30 [22]

San Francisco Gas and Electric

Gas utilities, including San Francisco Gas Light, faced new competition with the introduction of electric lighting to California.[18]: 80–82  According to a 2012 PG&E publication and their 1952 commissioned history, in 1879, San Francisco was the first city in the U.S. to have a central generating station for electric customers.[18]: 59 [23] To stay competitive, the San Francisco Gas Light Company introduced the Argand lamp that same year. The lamp increased the light capacity of gas street lamps, but proved to be an expensive improvement and was not generally adopted.[18]: 80–82  Meanwhile, the demand for electric light in the stores and factories of downtown San Francisco continued to grow. The first electric street light was erected in 1888 in front of City Hall, and the electrical grid supporting it was gradually extended. A second generating station was constructed in 1888 by the California Electric Light Company to increase production capacity.[18]: 57–63 

New competition also emerged in the 1880s in the form of water gas, an improved illuminant patented by Thaddeus Lowe. The United Gas Improvement Company, a water gas manufacturer organized after purchasing the Lowe gas patents, acquired a lease and then an interest in San Francisco's Central Gas Light Company on November 1, 1883.[18]: 46–48 [24] United was acquired by the Pacific Gas Improvement Company in 1884. Under the management of president Albert Miller, Pacific Gas Improvement developed into a formidable competitor to San Francisco Gas Light.[18]: 46–48  His sons, Horace A. Miller and C. O. G. Miller (Christian Otto Gerberding Miller), acting as Secretary and President, respectively, eventually owned and controlled not only the Pacific Gas Improvement Company but also the Pacific Gas Lighting Company (Pacific Lighting Company).

In 1888, San Francisco Gas Light built its own water gas plant at the Potrero gas works. The manufacturing of water gas proved successful due to the increased availability of inexpensive petroleum. The company decided to construct a modern gas works with both updated water gas manufacturing technology and a modern coal-gas plant as a hedge against shortages in the supply of oil.[25] In 1891, the North Beach Gas Works was completed under the direction of San Francisco Gas Light president and engineer Joseph B. Crockett. The facility was the largest gas holder in the U.S. west of Chicago.[18]: 84 [25]

In 1896, the Edison Light and Power Company merged with the San Francisco Gas Light Company to form the new San Francisco Gas and Electric Company.[18]: 71 Consolidation of gas and electric companies solved problems for both utilities by eliminating competition and producing economic savings through joint operation.[18]: 80–82  Other companies that began operation as active competitors but eventually merged into the San Francisco Gas and Electric Company included the Equitable Gas Light Company, the Independent Electric Light and Power Company, and the Independent Gas and Power Company.[18]: 90  In 1903, the company purchased its main competitor for gas lighting, the Pacific Gas Improvement Company.[18]: 46–48 

Pacific Gas and Electric Company

 
Pacific Gas and Electric Company plant in Sacramento, 1912

According to PG&E's 2012 history timeline on their webpage, the San Francisco Gas and Electric Company and the California Gas and Electric Corporation merged to form the Pacific Gas and Electric Company (PG&E) on October 10, 1905.[23] The consolidation gave the California Gas and Electric Corporation access to the large San Francisco market and a base for further financing. The San Francisco Gas and Electric Company, in turn, was able to reinforce its electric system, which until then had been powered entirely by steam-operated generating plants, which could not compete with lower cost hydroelectric power.[18]: 227–233  After the merger, engineers and management from each organization made plans to coordinate and unify the two systems.[18]: 227–233  However, the two firms maintained separate corporate identities until 1911.[18]: 227–233 

PG&E began delivering natural gas to San Francisco and northern California in 1930. The longest pipeline in the world connected the Texas gas fields to northern California, with compressor stations that included cooling towers every 300 miles (480 km), at Topock, Arizona, on the state line, and near the town of Hinkley, California. With the introduction of natural gas, the company began retiring its polluting gas manufacturing facilities,although it did keep some plants on standby. Today a network of eight compressor stations linked by "40,000 miles of distribution pipelines and over 6,000 miles of transportation pipelines" serves "4.2 million customers from Bakersfield to the Oregon border".[4]

In the 1950s and 1960s, at both the Topock and Hinkley compressor stations, a hexavalent chromium additive was used to prevent rust in the cooling towers, which later was the cause of the Hinkley groundwater contamination.[4] It disposed of the water from the cooling towers "adjacent to the compressor stations".[4][26]

The 1906 San Francisco earthquake

PG&E was significantly affected by the 1906 San Francisco earthquake.[23] The company's assorted central offices were damaged by the quake and destroyed by the subsequent fire. Its San Francisco Gas and Electric Company subsidiary in particular suffered significant infrastructure loss, as its distribution systems—miles of gas mains and electric wires—were dissevered. Only two gas and two electric plants, all located far from the city, survived the destruction.[18]: 235–236 [27] These functioning facilities—including the new 4,000,000-foot crude oil gas works at Potrero Generating Station—played critical roles in San Francisco's rebuilding efforts.[28][29] Many of PG&E's utility competitors ceased operation following the Great Earthquake. The company's substantial capital allowed it to survive, rebuild, and expand.[30]

Sacramento Electric, Gas and Railway Company

In 1906, PG&E purchased the Sacramento Electric, Gas and Railway Company and took control of its railway operations in and around Sacramento.[31] The Sacramento City Street Railway began operating under the Pacific Gas & Electric name in 1915, and its track and services subsequently expanded.[31][32] By 1931 the Sacramento Street Railway Division operated 75 streetcars on 47 miles (76 km) of track.[33] PG&E's streetcars were powered by the company's hydroelectric plant in Folsom.[34] In 1943, PG&E sold the rail service to Pacific City Lines, which was later acquired by National City Lines. Several streetcar lines were soon converted to bus service, and the track was abandoned entirely in 1947.[31][32]

During this same period, Pacific City Lines and its successor, National City Lines, with funding from General Motors, Firestone Tire, Standard Oil of California (through a subsidiary, Federal Engineering), Phillips Petroleum, and Mack Trucks, were buying streetcar lines and rapidly converting most of them to bus service. This consortium was convicted in 1949 of federal charges involving conspiracy to monopolize interstate commerce in the sale of buses and supplies to National City Lines and its subsidiaries. The actions became known as the Great American Streetcar Scandal or the General Motors Streetcar Conspiracy.[35]

Further consolidation and expansion

 
PG&E General Office Building in San Francisco

Within a few years of its incorporation, PG&E made significant inroads into Northern California's hydroelectric industry through purchase of existing water storage and conveyance facilities. These included many reservoirs, dams, ditches and flumes built by mining interests in the Sierras that were no longer commercially viable.[36] By 1914, PG&E was the largest integrated utility system on the Pacific Coast. The company handled 26 percent of the electric and gas business in California. Its operations spanned 37,000 square miles across 30 counties.[37]

The company expanded in the 1920s through strategic consolidation. Important acquisitions during this period included the California Telephone and Light Company, the Western States Gas and Electric Company and the Sierra and San Francisco Power Company, which provided hydropower to San Francisco's streetcars.[18]: 277–283 [38] These three companies added valuable properties and power and water sources. By the end of 1927, PG&E had nearly one million customers and provided electricity to 300 Northern Californian communities.[18]: 277–283 

In 1930, PG&E purchased majority stock holdings in two major Californian utility systems—Great Western Power and San Joaquin Light and Power—from The North American Company, a New York investment firm. In return, North American received shares of PG&E's common stock worth $114 million. PG&E also gained control of two smaller utilities, Midland Counties Public Service and the Fresno Water Company, which was later sold.[39] The acquisition of these utilities did not result in an immediate merger of property and personnel. The Great Western Power Company and the San Joaquin Company remained separate corporate entities for several more years. But through this final major consolidation, PG&E soon served nearly all of Northern and Central California through one integrated system.[18]: 291–298 

Natural gas

The gas industry market structure was dramatically altered by the discovery of massive natural gas fields throughout the American Southwest beginning in 1918.[40] The fuel was cleaner than manufactured gas and less expensive to produce.[18]: 299  While natural gas sources were abundant in Southern California, no economical sources were available in Northern California. In 1929, PG&E constructed a 300-mile pipeline from the Kettleman oil field to bring natural gas to San Francisco.[18]: 300 [41] The city became the first major urban area to switch from manufactured gas to natural gas.[40] The transition required the adjustment of burners and airflow valves on 1.75 million appliances.[40] In 1936, PG&E expanded distribution with an additional 45-mile pipeline from Milpitas.[18]: 306  PG&E gradually retired its gas manufacturing facilities, although some plants were kept on standby.[18]: 304 

Defense activities boosted natural gas sales in California during World War II, but cut deeply into the state's natural reserves.[18]: 306–307 [39] In 1947, PG&E entered into a contract with the Southern California Gas Company and the Southern Counties Gas Company to purchase natural gas through a new 1,000-mile pipeline running from Texas and New Mexico to Los Angeles.[18]: 306–307  Another agreement was reached with the El Paso Natural Gas Company of Texas for gas delivery to the California-Arizona border. In 1951, PG&E completed a 502-mile main that connected with the El Paso network at the state line.[18]: 306–307 

During this period of expansion PG&E was involved in legal proceedings with the Securities and Exchange Commission regarding the company's status as a subsidiary of the North American Company. As outlined by the Public Utility Holding Company Act of 1935, a utility subsidiary was defined as a utility company with more than 10% of their stock held by a public utility holding company. Though 17% of PG&E stock was held by the North American Company at this time, PG&E filed with the SEC to be exempted from subsidiary status on the grounds that 17% ownership did not give the North American Company control and because the North American Company occupied only two board member spots.[18]: 314–316 [42] The North American Company backed PG&E's request by stating that they were involved in business operations in a limited capacity.[43] The request remained unresolved until 1945 when the North American Company sold off stocks that brought its ownership to below 10%. The SEC then ruled that PG&E was not a subsidiary of the North American Company.[44] In 1948, the North American Company sold its remaining stock in PG&E.[18]: 314–316 

Nuclear plants and gas pipelines

In 1957, the company brought online Vallecitos Nuclear Center, the first privately owned and operated nuclear reactor in the United States, in Pleasanton, California. The reactor initially produced 5,000 kilowatts of power, enough to power a town of 12,000.[45][46]

In addition to nuclear power, PG&E continued to develop natural gas supplies as well. In 1959, the company began working to obtain approval for the import of a large quantity of natural gas from Alberta, Canada to California, via a pipeline constructed by Westcoast Transmission Co. and the Alberta and Southern Gas Company on the Canadian side, and by Pacific Gas Transmission Company, a subsidiary of PG&E, on the U.S. side.[47][48] Construction of the pipeline lasted 14 months.[49] Testing began in 1961,[50] and the completed 1,400-mile pipeline was dedicated in early 1962.[49][51]

PG&E began construction on another nuclear facility, the Diablo Canyon Power Plant, in 1968.[52] Originally slated to come online in 1979,[52] the plant's opening was delayed for several years due to environmental protests[52][53] and concerns over the safety of the plant's construction.[54][55][56] Testing of the plant began in 1984,[57][58] and energy production was brought up to full power in 1985.[59]

During the construction of the Diablo Canyon plant, PG&E continued its efforts to bring natural gas supplies from the North to their service area in California. In 1972, the company began exploring possibilities for a 3,000-mile pipeline from Alaska, which would travel through the Mackenzie River Valley and on to join with the previously constructed pipeline originating in Alberta.[60]

In 1977 the Mackenzie Valley Pipeline project received approval from the U.S. Federal Power Commission[61] and support from the Carter Administration.[62] The pipeline still required approval from Canada. Plans for the pipeline were placed on hold in 1977 by a Canadian judge.[63] Justice Thomas R. Berger of British Columbia shelved the project for at least 10 years, citing concerns from First Nations groups, whose land the pipeline would have traversed, as well as potential environmental impacts.[63]

In 1984 the great-grandson of PG&E's founder George H. Roe—David Roe published his book entitled Dynamos and Virgins during the time when there was a growing antinuclear-power movement.[64][6] David Roe, who was an environmentalist and the Environmental Defense Fund's West Coast general counsel, "mounted an assault on the longstanding assumption that steady growth in coal- and nuclear-generating capacity was the only solution to the nation's energy needs". He based his arguments on an economic analysis "aimed at showing that a shift to energy conservation and alternative energy sources alone could slake the thirst for electricity".[64][6]

1990s and deregulation

As of December 1992, PG&E operated 173 electric generating units and 85 generating stations, 18,450 miles (29,690 km) of transmission lines and 101,400 miles (163,200 km) of distribution system.

In 1997, PG&E reorganized as a holding company, PG&E Corporation. It consisted of two subsidiaries—PG&E, the regulated utility, and a non-regulated energy business.

In the later 1990s, under electricity market deregulation this utility sold off most of its natural gas power plants. The utility retained all of its hydroelectric plants, the Diablo Canyon Power Plant and a few natural gas plants, but the large natural gas plants it sold made up a large portion of its generating capacity. This had the effect of requiring the utility to buy power from the energy generators at fluctuating prices, while being forced to sell the power to consumers at a fixed cost. The market for electricity was dominated by the Enron Corporation, which, with help from other corporations, artificially pushed prices for electricity ever higher. This led to the California electricity crisis that began in 2000 on Path 15, a transmission corridor PG&E built.

With a critical power shortage, rolling blackouts began on January 17, 2001.

1990s fires

In 1994, PG&E caused the Trauner Fire in Nevada County, California through criminal negligence. The fire burned many acres of land and destroyed a schoolhouse and twelve homes near the town of Rough and Ready, California. PG&E was found guilty of causing the fire and of 739 counts of criminal negligence.[65]

In 1996, one of PG&E's substations in the Mission District of San Francisco caught fire. PG&E was eventually found legally culpable for the fire due to criminal negligence, according to an investigation in 2003.[66]

The 1999 Pendola fire in the Plumas National Forest and Tahoe National Forest burned nearly 12,000 acres of forest was found to have been caused by poor vegetation management by PG&E.[67]

2001 bankruptcy

In 1998, a change in the regulation of California's public utilities, including PG&E, began. The California Public Utility Commission (CPUC) set the rates that PG&E could charge customers and required them to provide as much power as the customers wanted at rates set by the CPUC.

In the summer of 2001 a drought in the northwest states and in California reduced the amount of hydroelectric power available. Usually PG&E could buy "cheap" hydroelectric power under long-term contracts with the Bonneville Dam and other sources. Drought and delays in approval of new power plants and market manipulation decreased available electric power generation capacity that could be generated in state or bought under long-term contracts out of state. Hot weather brought on higher usage, rolling blackouts, and other problems.

With little excess generating capacity of its own, PG&E was forced to buy electricity out of state from suppliers without long-term contracts. Because PG&E had to buy additional electricity to meet demand, some suppliers took advantage of this requirement and manipulated the market by creating artificial shortages and charged very high electrical rates, as exemplified by the Enron scandal. The CPUC refused to adjust the allowable electric rates. Unable to change rates and sell electricity to consumers for what it cost them on the open market PG&E started hemorrhaging cash.

PG&E Company (the utility, not the holding company) entered bankruptcy under Chapter 11 on April 6, 2001. The state of California tried to bail out the utility and provide power to PG&E's 5.1 million customers under the same rules that required the state to buy electricity at market rate high cost to meet demand and sell it at lower fixed price, and as a result, the state also lost significant amounts of money. The crisis cost PG&E and the state somewhere between $40 and $45 billion.[68]

PG&E Company, the utility, emerged from bankruptcy in April 2004, after paying $10.2 billion to its hundreds of creditors. As part of the reorganization, PG&E's 5.1 million electricity customers will have to pay above-market prices for several years to cancel the debt.[citation needed][when?]

2019 bankruptcy

Chronology

Facing potential liabilities of $30 billion from multiple wildfires in the years 2015–2018, Pacific Gas and Electric Company (PG&E), on January 14, 2019, began the process of filing for bankruptcy with a 15-day notice of intention to file for bankruptcy protection.[69][11][70] On January 29, 2019 PG&E Corporation, the parent corporation of PG&E, filed for bankruptcy protection.[71][72] Because fire survivors are unsecured creditors with the same priority as bondholders, they would only be paid in proportion to their claim size if anything is left after secured and priority claims are paid; this nearly ensured that they will not get paid in full.[73][when?] PG&E had a deadline of June 30, 2020 to exit bankruptcy in order to participate in the California state wildfire insurance fund established by AB 1054 that helps utilities pay for future wildfire claims.[74][75][76][77]

On August 16, 2019, liability for the Tubbs Fire was potentially added when U.S. Bankruptcy Judge Dennis Montali ruled that a fast-track state jury trial could proceed to resolve who is at fault for the Tubbs Fire. Cal Fire determined that customer equipment was at fault, but lawyers representing wildfire victims claimed that PG&E equipment was at fault.[78][79][80] This trial was scheduled to begin January 7, 2020 in San Francisco.[81] The court case was superseded by the Restructuring Support Agreement (RSA) of December 9, 2019[82] and by the approved bankruptcy reorganization plan,[17] wherein PG&E accepted liability for the Tubbs Fire.

Liability for the Kincade Fire that started October 23, 2019 was potentially added, because initially it was unknown whether or not PG&E was at fault for the fire.[83] On July 16, 2020, which was after PG&E exited bankruptcy, Cal Fire reported that the fire was caused by PG&E transmission lines.[84] Damages would not be covered by the settlement for wildfire victims that was part of the PG&E bankruptcy.[85]

PG&E settled for $1 billion with state and local governments in June, 2019,[86][87] and settled for $11 billion with insurance carriers and hedge funds in September, 2019.[88][89] Representatives for wildfire victims say PG&E owes $54 billion or more, and PG&E was offering $8.4 billion for fire damages, Cal Fire, and FEMA.[90] If more than 500 homes were completely destroyed by the Kincade Fire, and PG&E was found to be at fault, then the parties agreeing to the settlements may have the option to back out of the agreements.[83][91] Later PG&E offered a $13.5 billion fund to cover claims of the wildfire victims.[92][93][94] FEMA originally requested PG&E for $3.9 billion from the wildfire victims fund, threatening to take the money from individual wildfire victims if PG&E did not pay,[95][96] and Cal OES had an overlapping $2.3 billion request,[97] but they later settled for $1 billion after all wildfire victims are paid.[98][99][100][101]

Claims for wildfire victims consist of wrongful death, personal injuries, property loss, business losses, and other legal damages.[102] U.S. District Judge James Donato was assigned to the estimation process for the claims of wildfire victims, including whether or not personal injury and wrongful death claims can include damages due to emotional distress.[103][104] Judge Donato was scheduled to begin hearings February 18, 2020 to determine how to do the estimation and how much PG&E needs to put in a trust fund for wildfire victims.[105][81] Bankruptcy judge Montali said that the costs to government agencies will not be subject to the estimation process because those costs can be calculated "down to the penny."[103] The court case was superseded by the Restructuring Support Agreement (RSA) of December 9, 2019[82] and by the approved bankruptcy reorganization plan.[17]

On October 9, 2019, Judge Montali allowed the proposed reorganization plan of the senior bondholders to be considered along with PG&E's proposed plan. The proposal of the senior bondholders had the support of the committee of wildfire victims, who said their claims may be worth $13.5 billion.[106][107][108] The proposal of the senior bondholders would give them control of the company with PG&E shareholders losing out, and PG&E called the proposal an "unjustified windfall."[106][109] Later PG&E reached an agreement with the bondholders and the committee of wildfire victims so that PG&E's proposed plan would be the only plan under consideration and the bondholders would not take control of the company.[110]

"It's decisions that were not made that have led to this moment in PG&E's history," says Governor Gavin Newsom in November 2019.

On November 12, 2019, PG&E in its proposed reorganization plan provided an additional $6.6 billion for the claims of wildfire victims and other claimants, increasing the amount to $13.5 billion, similar to the amount in the rival reorganization proposal of the senior bondholders.[92][111][112][113][93][94] In a filing with the Securities and Exchange Commission (SEC), this puts the total amount for fire claims at $25.5 billion.[114] This consists of $11 billion to insurance companies and investment funds, $1 billion to state and local governments, and $13.5 billion for other claims.[88][87][93] The $11 billion settlement to insurance companies and investment funds was opposed by the state of California Governor Gavin Newsom and by the committee of wildfire victims.[115][116][117] Later Governor Newsom[118] and the wildfire victims[77] approved the bankruptcy reorganization plan.[17]

On December 6, 2019, PG&E proposed to settle the wildfire victim claims for a total of $13.5 billion, which would cover liability for its responsibility originating from the Camp Fire, Tubbs Fire, Butte Fire, Ghost Ship warehouse fire, and also a series of wildfires beginning on October 8, 2017, collectively called the 2017 North Bay Fires.[119] The offer was tendered as part of PG&E's plan to exit bankruptcy.[120][121] Wildfire victims will get half of their $13.5 billion settlement as stock shares in the reorganized company,[122][123] adding to the uncertainty as to when and how much they will be paid.[124][125] On June 12, 2020, because of uncertainties in the value of the liquidated stock, in part because of the financial market impact of the COVID-19 pandemic, PG&E agreed to increase the amount of stock.[126][127] Wildfire victims will be paid in cash, funded partly from the cash portion of the settlement, and partly from stock that will be liquidated into cash on a schedule and at a price that is not yet determined.[127][128]

On December 17, 2019, regarding the Ghost Ship warehouse fire, which was not a wildfire, Judge Dennis Montali allowed the plaintiffs case claiming that the fire was caused by an electrical malfunction to continue against PG&E. This case, if successful, would receive money from PG&E's $900 million insurance money, but would not be eligible to be part of the $13.5 billion allotted for the claims arising from the wildfires.[129][128] On August 18, 2020, PG&E settled the civil lawsuit for 32 of the victims, out of the 36 who perished in the fire.[130] The amount of the settlement was undisclosed, but it was limited to the amount available under PG&E's insurance coverage for the year 2016.

On June 16, 2020, PG&E pleaded guilty to 84 counts of involuntary manslaughter for those that died in the Camp Fire, for which it will pay the maximum fine of $3.5 million and end all further criminal charges against PG&E. This action does not alleviate PG&E of any future civil claims by victims of the Camp Fire which would fall outside the bankruptcy proceedings, as well as how existing litigation against PG&E may be handled.[131][132]

On Saturday, June 20, 2020, U.S. Bankruptcy Judge Dennis Montali issued the final approval of the plan for the reorganized PG&E to exit bankruptcy,[15][16][17] meeting the June 30, 2020 deadline for PG&E to qualify for the California state wildfire insurance fund for utilities.[74][75][76] On July 1, PG&E funded the Fire Victim Trust (FVT) with $5.4 billion cash and 22.19% of stock in the reorganized PG&E, which covers most of the obligations of its settlement for the wildfire victims.[133][123][134] PG&E has two more payments totaling $1.35 billion cash, scheduled to be paid in January 2021 and January 2022, to complete its obligations to the wildfire victims.[127]

Other information

On January 14, 2019, following the departure of CEO Geisha Williams, who had led the corporation since 2017;[135] PG&E corporation announced that it was filing for Chapter 11 bankruptcy in response to the financial challenges associated with catastrophic wildfires that had occurred in Northern California, in 2017 and 2018.[11]

On January 15, 2019 PG&E stated it did not intend to make the semiannual interest payment of $21.6 million on its outstanding 5.40 percent Senior Notes, due January 15, 2040, which has a total capital value of $800 million. Under the indenture, the company had a 30-day grace period (expired on February 14, 2019) to make the interest payment, before triggering a default event.[136]

PG&E Corporation filed for bankruptcy on January 29, 2019. The company's disclosure statement was approved on March 17, 2020.[137][138]

According to Cbonds, the company has 32 bond issues, and their outstanding amount is approximately equal to $17.5 billion.[139] PG&E expects procedures to take two years.[140] In April, as the bondholders crafted a plan to bring the company out of bankruptcy, Governor Gavin Newsom expressed his concern that new board members would have little knowledge of California and lack expertise in how to run a utility safely.[141]

In April 2019, PG&E announced a new CEO and management team, led by former head of Progress Energy Inc and the Tennessee Valley Authority Bill Johnson, that would assume charge of the company, as it went through bankruptcy.[142]

On November 1, 2019, Governor Newsom issued a statement calling upon PG&E to reach a "consensual resolution" to the bankruptcy case, intending to convene a meeting of PG&E Corporation's executives and stockholders, as well as wildfire victims. If an agreement could not be reached, the State of California "will not hesitate to step in and restructure the utility".[143][144] A week prior, Newsom had declared PG&E's "greed and mismanagement", along with the utility's lack of focus on hardening its grid and under-grounding its transmission lines in vulnerable areas, as reasons for its inability to deliver electricity and the shutdowns. "They simply did not do their job," said Newsom.[145][146]

A proposal to turn PG&E into a customer owned cooperative, initiated by San Jose Mayor Sam Liccardo, has received backing from more than 110 elected officials that represent majority of PG&E customers[147] and include 21 other mayors.[148] The City of San Francisco offered to buy PG&E's electrical infrastructure within the city for $2.5 billion in September 2019 (while PG&E was in bankruptcy), but the offer was rejected by PG&E.[149]

In March of 2020, PG&E asked a federal court to approve $454 million in bonuses just days after asking another federal judge (William Alsup, who was overseeing PG&E's criminal probation related to the 2010 San Bruno pipeline explosion) not to force the utility to hire more tree trimmers.[150]

As part of its emergence from bankruptcy, it will pay wildfire victims $13.5 billion; half of that amount will be paid in company stock, resulting in 70,000 fire victims owning 22% of the company.[151]

This bankruptcy of PG&E Company was the largest utility bankruptcy in U.S. history,[152] and was one of the most complex bankruptcies in U.S. history.[153]

In November 2020, it was announced that Patti Poppe would be leaving CMS Energy on December 1, 2020 to become CEO of PG&E Corporation on January 4, 2021.[154][155] In April 2022, it was reported that PG&E Corporation CEO Patti Poppe received over $50 million in total direct compensation for her work in 2021, with $40 million of that being in company stock.[156]

In June 2020, PG&E announced that it planned to move its headquarters to 300 Lakeside Drive in Oakland.[157] The move will happen in phases, starting in 2022 and completing by 2026.[158]

Generation portfolio

PG&E's utility-owned generation portfolio consists of an extensive hydroelectric system, one operating nuclear power plant, one operating natural gas-fired power plant, and another gas-fired plant under construction.[159] Two other plants owned by the company have been permanently removed from commercial operation: Humboldt Bay Unit 3 (nuclear) and Hunters Point (natural gas).[160][161]

Hydroelectric

PG&E is the largest private owner of hydroelectric facilities in the United States including 174 dams. According to the company's Form 10-K filing for 2011, "The Utility’s hydroelectric system consists of 110 generating units at 68 powerhouses, including the Helms pumped storage facility, with a total generating capacity of 3,896 MW ... The system includes 99 reservoirs, 56 diversions, 174 dams, 172 miles of canals, 43 miles of flumes, 130 miles of tunnels, 54 miles of pipe (penstocks, siphons and low head pipes), and 5 miles of natural waterways."[162]

The single largest component is the Helms Pumped Storage Plant, located at 37°02′13.78″N 118°57′53.63″W / 37.0371611°N 118.9648972°W / 37.0371611; -118.9648972 (Helms Pumped Storage Plant) near Sawmill Flat in Fresno County, California. Helms consists of three units, each rated at 404 MW, for a total output of 1,212 MW. The facility operates between Courtright and Wishon reservoirs, alternately draining water from Courtright to produce electricity when demand is high, and pumping it back into Courtright from Wishon when demand is low. The Haas Powerhouse is situated more than 1,000 feet (300 m) inside a granite mountain.[163]

Nuclear

The Diablo Canyon Power Plant, located in Avila Beach, California, is the only operating nuclear asset owned by PG&E. The maximum output of this power plant is 2,240 MWe, provided by two equally sized units. As designed and licensed, it could be expanded to four units, at least doubling its generating capacity.[164] Over a two-week period in 1981, 1,900 activists were arrested at Diablo Canyon Power Plant. It was the largest arrest in the history of the U.S. anti-nuclear movement.[165]

In June 2016, PG&E announced plans to close Diablo Canyon in 2025. This would make California free of operating commercial nuclear power plants, but will mean the loss of 2256 MW of generation that produced over 18,000 GWh of electricity per year.

The company operated the Humboldt Bay Power Plant, Unit 3 in Eureka, California. It is the oldest commercial nuclear plant in California and its maximum output was 65 MWe. The plant operated for 13 years, until 1976 when it was shut down for seismic retrofitting. New regulations enacted after the Three Mile Island accident rendered the plant unprofitable and it was never restarted. Unit 3 is currently in decommissioning phase. Based on PG&E's schedule of planned decommissioning activities, which incorporates various assumptions, including approval of its proposed new scope, decommissioning of the Unit 3 site is expected to conclude in 2019.[166]

Pacific Gas & Electric planned to build the first commercially viable nuclear power plant in the United States at Bodega Bay, a fishing village fifty miles north of San Francisco. The proposal was controversial and conflict with local citizens began in 1958.[167] In 1963, there was a large demonstration at the site of the proposed Bodega Bay Nuclear Power Plant.[168] The conflict ended in 1964, with the forced abandonment of plans for the power plant.[167]

Combustion

Built in 1956, two natural gas/fuel oil units at Humboldt Bay Power Plant produced 105 MWe of combined output. These units, along with two 15 MWe Mobile Emergency Power Plants (MEPPs), were retired in the summer of 2010, and replaced by the Humboldt Bay Generating Station, built on the same site.[169] It produces 163 MWe using natural gas for fuel and fuel oil for backup on Wärtsilä Diesel engines. The new facility is 33% more efficient and produces 85% fewer ozone-forming compounds, and produces 34% fewer greenhouse gas emissions. It has a closed-loop cooling system, eliminating use of water from Humboldt Bay for cooling.[169]

As part of a settlement with Mirant Services LLC for alleged market manipulations during the 2001 California energy crisis, PG&E took ownership of a partially constructed natural gas unit in Antioch, California. The 530 MW unit, known as the Gateway Generating Station, was completed by PG&E and placed into operation in 2009.

On May 15, 2006, after a long and bitter political battle, PG&E shut down its 48-year-old Hunters Point Power Plant in San Francisco.[170]

PG&E broke ground in 2008 on a 660 MW natural gas power plant located in Colusa County. It began operation in December 2010, and serves nearly half a million residences using the latest technology and environmental design.[needs update] The plant will use dry cooling technology to dramatically reduce water usage, and cleaner-burning turbines to reduce CO2 emissions by 35 percent relative to older plants.[171]

Solar

On April 1, 2008, PG&E announced contracts to buy three new solar power plants in the Mojave Desert. With an output of 500 MW and options for another 400 MW, the three installations will initially generate enough electricity to power more than 375,000 residences.[172]

In April 2009, PG&E's Next100 blog reported that PG&E was asking the California Public Utilities Commission to approve a project by the company Solaren to deliver 200 megawatts of power to California from space. This method of obtaining electricity from the sun eliminates (mostly) the darkness of night experienced from solar sites on the surface of the earth. According to PG&E spokesman Jonathan Marshall, energy purchase costs are expected to be similar to other renewable energy contracts.[173]

PG&E and the environment

Beginning in the mid-1970s, regulatory and political developments began to push utilities in California away from a traditional business model. In 1976, the California State Legislature amended the 1974 Warren–Alquist Act,[174] which created and gives legal authority to the California Energy Commission, to effectively prohibit the construction of new nuclear power plants. The Environmental Defense Fund (EDF) filed as an intervenor in PG&E's 1978 General Rate Case (GRC), claiming that the company's requests for rate increases were based on unrealistically high projections of load growth. Furthermore, EDF claimed that PG&E could more cost-effectively encourage industrial co-generation and energy efficiency than build more power plants. As a result of EDF's involvement in PG&E's rate cases, the company was eventually fined $50 million by the California Public Utilities Commission for failing to adequately implement energy efficiency programs.

In the early first decade of the 21st century, the CEO of PG&E Corporation, Peter Darbee, and then-CEO of Pacific Gas & Electric Company, Tom King, publicly announced their support for California Assembly Bill 32, a measure to cap statewide greenhouse gas emissions and a 25% reduction of emissions by 2020. The bill was signed into law by Governor Arnold Schwarzenegger on September 27, 2006.

In 2014, PG&E had a renewables mix of 28%.[175] By 2016, 32.9% of PG&E's power sources were renewable.[176]

During 2017, PG&E announced that 80% of the company's delivered electricity comes from GHG-free sources, including renewables, nuclear, and hydropower. Around 33% comes from renewable sources, thus meeting California's goal of 33% of electricity coming from renewables by 2020, nearly three years in advance.[177]

In June 2020, PG&E announced a 12-month R&D effort along with Socalgas and Twelve to convert raw biogas into carbon neutral methane. This technology would enable energy from renewable resources (such as wind and solar) to generate fuel from landfills, sewage, and dairy farms.[178]

Carbon footprint

Pacific Gas and Electric Company reported Total CO2e emissions (Direct + Indirect) for the twelve months ending 31 December 2019 at 4,510 Kt (-60 /-1.3% y-o-y).[179]

Pacific Gas and Electric Company's annual Total CO2e Emissions - Location-Based Scope 1 + Scope 2 (in kilotonnes)
Dec 2016 Dec 2017 Dec 2018 Dec 2019
4,950[180] 4,650[181] 4,570[182] 4,510[179]

Native American protest

In 1970, the Pit River Tribe began a boycott of PG&E. The tribe claimed that the land being used by PG&E was rightfully theirs and that they should receive the profits from it. People subsequently sent boycott checks to the tribe, including Canadian musician, Buffy Sainte-Marie who sent a $150 check.[183]

Disasters

Groundwater contamination in Hinkley, California

From 1952 to 1966, PG&E dumped "roughly 370 million gallons" of chromium 6-tainted wastewater into unlined wastewater spreading ponds around the town of Hinkley, California.[184]: 228 [185] PG&E used chromium 6—"one of the cheapest and most efficient commercially available corrosion inhibitors"—at their compressor station plants in their cooling towers along the natural gas transmission pipelines.[184][186]

PG&E did not inform the local water board of the contamination until December 7, 1987, stalling action on a response to the contamination.[187] The residents of Hinkley filed a successful lawsuit against PG&E in which the company paid $333 million—[186] the largest settlement ever paid in a direct-action lawsuit in U.S. history.[188] The legal case, dramatized in the 2000 film Erin Brockovich, became an international cause célèbre.[184][185][186][189][190][191][192][193][194] In response, in 2001, at the request of the CalEPA, the Chromate Toxicity Review Committee was formed to investigate the toxicity of chromium-6 when ingested. In 2003, a Senate hearing revealed that the committee's members included expert witnesses from PG&E, who had influenced the final August 2001 report which found in PG&E's favor concluding that other reports were alarmist with "spuriously high" statistics and that further evaluation should be handled by academics in laboratory settings not by regulators.[190][191]: 29  In July 2014, California became the first state to acknowledge that ingested chromium-6 is linked to cancer and as a result has established a maximum chromium-6 contaminant level (MCL) of 10 parts per billion (ppb).[195][196] In setting the regulations, it was acknowledged that in "recent scientific studies in laboratory animals, Hexavalent Chromium has also been linked to cancer when ingested". Previously, when older chromium MCLs were set, "at the time Total Chromium MCLs were established, ingested Hexavalent Chromium associated with consumption of drinking water was not considered to pose a cancer risk, as is now the case."[196]

By 2013, PG&E had cleaned up 54 acres, but it is estimated the remediation process will take another 40 years. PG&E built a concrete wall barrier that is about a half-mile-long to contain the plume, pump ethanol into the ground to convert chromium-6 into chromium-3, and have planted acres of alfalfa.[197] They created a chicken farm to use the alfalfa. PG&E uses irrigation to maintain these large circles of green in the otherwise desert area, and was asked to stop because of the ongoing danger of residents inhaling chromium 6.[197]

In 2015, the California Regional Water Quality Control Board, Lahontan Region served PG&E with a new order "to cleanup [sic] and abate the effects of the discharge of chromium waste or threatened pollution or nuisance".[198] By the time of the report, the plume had expanded to "8 miles in length and approximately 2 miles in width, throughout the Hinkley Valley and into Harper Dry Lake Valley", polluting new areas.[197][198]: 2  In early 2016, the New York Times described Hinkley as having been slowly turned into a ghost town due to the contamination of the area with owners unable to sell their properties.[199]

Epidemiologist John Morgan[200] produced a 2010 report for the California Cancer Registry in which he argued that there was no cancer cluster in Hinkley related to chromium 6.[201] In one study, Morgan had claimed that cancer rates in Hinkley "remained unremarkable from 1988 to 2008" saying that "the 196 cases of cancer reported during the most recent survey of 1996 through 2008 were less than what he would expect based on demographics and the regional rate of cancer."[202] In 2013, the Center for Public Integrity found glaring weaknesses in Morgan's 2010 analysis that challenged the validity of his findings. "In his first study, he dismisses what others see as a genuine cancer cluster in Hinkley. In his latest analysis, he excludes people who were exposed to the worst contamination."[185]

Metcalf sniper attack

On April 16, 2013, a team of gunmen opened fire on the Metcalf transmission substation in Coyote, California. The attack damaged 17 high-voltage transformers, causing more than $15 million in damage. The team also cut a fiber-optic telecommunications cable owned by AT&T. PG&E and AT&T offered a $250,000 reward for anyone who had information leading to the arrest of the culprits,[203][204] however, they were never found. The Federal Bureau of Investigation found that it was not domestic terrorism,[205] and The Department of Homeland Security claimed they had evidence that it may have been an 'inside job'. [206]

Wildfires

PG&E equipment has often been the cause of wildfires in California.[207] PG&E has been found guilty of criminal negligence in many cases involving fires. These include the 1994 Trauner Fire,[208] a substation fire in San Francisco in 1996, the 1999 Pendola Fire,[209] a San Francisco substation fire in 2003, the Sims Fire and Fred's Fire in 2004,[210] an explosion and electrical fire in San Francisco in 2005, the 2008 Rancho Cordova Gas Explosion,[211] the 2010 San Bruno pipeline explosion,[212] 2014 Carmel Gas Explosion,[213] 2015 Butte Fire, 2018 Camp Fire, among others.[214]

Approximately forty of the 315 wildfires in PG&E's service area in 2017 and 2018 were allegedly caused by PG&E equipment.[215]

PG&E was on probation after being found criminally liable in the 2010 San Bruno fire.[216] Following that fire, a federally appointed monitor initially focused on gas operations, but his scope expanded to include electricity distribution equipment following the fires in October 2017. A separate case involved allegations the utility falsified gas pipeline records between 2012 and 2017, and as of January 2019 was still being considered.[216]

PG&E, like two large Southern California utilities, is now required to submit an annual wildfire prevention plan. The California law judges who reviewed the plan submitted in February 2019 suggested more metrics and maintenance partnerships with local governments, but recommended approving the plan. They also recommended investigating whether disabling equipment that restarts power transmission could reduce the need for power shutoffs. PG&E has filed a motion which in May 2019 had not yet been ruled upon, to amend this plan to move some of the deadlines further out.[217]

Liability

State law follows a principle of "inverse condemnation" for wildfire liability, which means that utilities are held responsible for damages resulting from any fire caused by their equipment, even if their maintenance on equipment and surrounding vegetation was done to standards.[218]: 1 This policy resulted in $30B of liability for PG&E from the 2017 & 2018 fires and drove it to bankruptcy proceedings.[218]: 1[219]: 1 In July 2019, a new $21 billion wildfire trust fund was created to pay for damages from future wildfires, started with a 50-50 balance of utility and customer monies and also reduced the liability threshold for utilities to where customers must prove negligence before companies are held liable.[219]: 1

Undergrounding

As of 2019, Public utilities in the state of California have a total of 26,000 miles of high voltage transmission lines, and 240,000 miles of distribution lines. Distribution lines bring electricity directly to homes; two thirds of them statewide are above ground.[220]: 1 For transmission lines, the cost of undergrounding is about $80 million per mile[221]: 1 while for distribution lines, the cost of underground lines is about $3 million per mile, compared to overhead lines at about $800,000 per mile.[220]: 1

The state's largest utility, PG&E, has 107,000 miles of distribution lines, 81,000 miles of which are overhead. The cost in 2019 to convert all of PG&E's overhead distribution lines to underground lines would cost a total of $240 billion, or $15,000 per PG&E customer. (This cost estimate is only for distribution lines, not the higher voltage transmission lines.)[220]: 1

In July 2021, PG&E announced that it plans to bury an additional 10,000 miles of its distribution lines over the next 10 years, (about 9% more; 25% are already underground) to reduce the risk of wildland fires.[222] It already has 27,000 miles of distribution lines underground, but these are generally not in high fire risk areas.[222] (Nationwide, 18% of distribution lines are underground, partly because all new commercial and residential developments are built this way.)[222] This project has been estimated to cost about $4 million per mile, or $40 billion in total, though PG&E's CEO stated that she hopes that they can get costs down to a total of $15–20 billion.[222] The costs are likely to be passed on to the utility's 5.5 million customers, who already have some of the highest electricity rates in the nation.[223]

Sierra blaze

On June 19, 1997, a Nevada County jury in Nevada City found PG&E guilty of "a pattern of tree-trimming violations that sparked a devastating 1994 wildfire in the Sierra".[224] "PG&E was convicted of 739 counts of criminal negligence for failing to trim trees near its power lines—the biggest criminal conviction ever against the state's largest utility."[224]

San Bruno, California explosion

 
View of the San Bruno fire on September 9, 2010 at 11:31 pm PDT

On the evening of September 9, 2010, a suburb of San Francisco, San Bruno, California, was damaged when one of PG&E's natural-gas pipelines that was "at least 54 years old, 30 inches (76.2 centimeters) in diameter and located under a street intersection in a residential area "...exploded sending a "28-foot section of pipe weighing 3,000 pounds flying through the air, fueled by blowing natural gas".[225] The blast created a crater at the epicenter and "killed eight people and injured nearly five dozen more while destroying about 100 homes".[226] The USGS reported that the shock wave was similar to a 1.1 magnitude earthquake. Following the event, the company was heavily criticized for ignoring the warnings of a state inspector in 2009 and for failing to provide adequate safety procedures.[227] The incident then came under investigation by the National Transportation Safety Board (NTSB). On August 30, 2011, the NTSB released its findings, which placed fault for the blast on PG&E. The report stated that the pipeline that exploded, installed in 1956, did not even meet standards of that time.[228]

PG&E was charged with "twelve criminal felony counts alleging violations of the Natural Gas Pipeline Safety Act.[229] PG&E pleaded not guilty to the "criminal counts in both the initial and superseding indictments, opting to put the prosecutors to their proof".[229][230]: 517 [231] On April 1, 2014, a United States grand jury in San Francisco charged PG&E with "knowingly and willfully" violating the Natural Gas Pipeline Safety Act.[225][232]

In August 2015, the California Public Utilities Commission levied a $300 million fine against PG&E which they paid. PG&E also "refunded $400 million to gas customers and agreed to pay $850 million for gas-system safety improvements. It also settled more than $500 million in claims involving victims of the disaster and their relatives."[226]

Even in the years following the disaster, PG&E failed to implement legally mandated safety procedures aimed at preventing similar disasters. A CPUC report was issued in December 2018[233] that concluded that between 2012 and 2017, PG&E failed to locate and mark gas pipelines in a timely manner because of staff shortages, and management counted, possibly, "tens of thousands" of late tickets as completed on time. Contractors rely on this process to know where they can safely dig.[234] PG&E was fined $110 million for these legal violations.[235]

Butte Fire

In September 2015, the deadly and destructive Butte Fire ignited in Amador and Calaveras counties. It killed two people and destroyed hundreds of structures. An investigation found PG&E responsible for the fire after a gray pine tree came in contact with one of their powerlines.[236]

October 2017 Northern California wildfires

In October 2017, PG&E was responsible for their own lines and poles starting thirteen separate fires of the 250 that devastated Northern California. These fires were caused by "electric power and distribution lines, conductors and the failure of power poles".[237] Pending further investigation, the following fires have been confirmed by CAL FIRE investigators to have been started by PG&E equipment:

Ghost Ship fire

On December 2, 2016, in Fruitvale, Oakland, California a fire broke out in a former warehouse that had been illegally converted into an artist collective with living spaces known as Ghost Ship. 80-100 people were at an event in the space and 36 were killed. The plaintiffs claim that the fire was caused by an electrical malfunction. A civil case was put forward against PG&E, alleging blame.[239]

In August 2020, PG&E settled a civil lawsuit for 32 of the victims, out of the 36 who perished in the fire.[130] The amount of the settlement was undisclosed, but it was limited to the amount available under PG&E's insurance coverage for the year 2016.

Tubbs Fire

The Tubbs Fire was a wildfire in Northern California during October 2017. At the time, the Tubbs Fire was the most destructive wildfire in California history,[240][241] burning parts of Napa, Sonoma, and Lake counties, inflicting its greatest losses in the city of Santa Rosa. Suspicion for the cause of the fire fell on PG&E, but the company seemed to be cleared of responsibility in this incident after Cal Fire released the results of its investigation on January 24, 2019, upon which news the company's stock price jumped dramatically.[242][243]

On August 14, 2019, U.S. Bankruptcy Judge Dennis Montali, the federal judge for the 2019 PG&E bankruptcy proceedings, presided over a hearing for victims of the Tubbs Fire, and they presented their case for a fast-track state civil trial by jury to resolve if PG&E is at fault for the Tubbs Fire, rather than customer equipment causing the fire as determined by Cal Fire. On August 16, 2019, the judge ruled that the trial can proceed "on a parallel track" because "it advances the goals of this bankruptcy." After the judge's ruling, the company's stock price sank by 25%.[244]

On December 6, 2019, PG&E proposed to settle the wildfire victim claims for a total of $13.5 billion, which would cover liability for its responsibility originating from the Tubbs Fire, Camp Fire, Butte Fire, and also a series of wildfires beginning on October 8, 2017, collectively called the 2017 North Bay Wildfires.[119] The offer was tendered as part of PG&E's plan to exit bankruptcy.[120][121] The court case for the Tubbs Fire was superseded by the Restructuring Support Agreement (RSA) of December 9, 2019[82] and by the approved bankruptcy reorganization plan,[17] wherein PG&E accepted liability for the Tubbs Fire.

Camp Fire

In November 2018, PG&E and its parent company were sued in the San Francisco County Superior Court by multiple victims of the Camp Fire – the deadliest and most destructive wildfire in California history.[245] The Camp Fire destroyed more than 18,000 buildings, including 14,000 homes, being particularly devastating to poorer residents. Approximately 90% of the population of the town of Paradise, California as of June 2020 remains dispersed in other parts of the state and the country.[246] The lawsuit accused PG&E of failure to properly maintain its infrastructure and equipment.[247]

The cause of the fire, as indicated by PG&E's "electric incident report" submitted to the California Public Utilities Commission, was a power failure on a transmission line on November 8, just 15 minutes before the fire was first reported near the same location. Later investigation revealed that a "broken hook may have allowed a piece of electrically charged equipment to swing free and come close enough to the tower to arc, providing the spark that ignited the blaze."[248]

The California Department of Forestry and Fire Protection and state utility regulators are investigating PG&E to determine if they complied with state laws.[249][250]

As a result, both Pacific Gas and Electric Company and parent company PG&E Corporation together[251] filed for Chapter 11 bankruptcy on January 29 following the California required 15-day bankruptcy waiting period.[252][253] PG&E settled criminal proceedings with a fine, pleaded guilty to one felony count of illegally starting a fire, and 84 felony counts of involuntary manslaughter.[246][254]

Civil lawsuit proceedings continued,[131] and were resolved by settlement.[119][120][121] On July 1, 2020, PG&E funded the Fire Victim Trust (FVT) with $5.4 billion in cash and 22.19% of stock in the reorganized PG&E, which covers most of the obligations of its settlement for the wildfire victims.[133][123][134] PG&E has two more payments totaling $1.35 billion in cash, scheduled to be paid in January 2021 and January 2022, to complete its obligations to the wildfire victims.[127]

Kincade Fire

The Kincade Fire was a wildfire that burned in Sonoma County, California. The fire started northeast of Geyserville in The Geysers on 9:24 p.m. on October 23, 2019 and subsequently burned 77,758 acres (31,468 ha) until the fire was fully contained on November 6, 2019. The fire threatened over 90,000 structures and caused widespread evacuations throughout Sonoma County, including the communities of Geyserville, Healdsburg, and Windsor. The majority of Sonoma County and parts of Lake County were under evacuation warnings.[255] The fire was the largest of the 2019 California wildfire season.

Initially, it was unknown whether or not PG&E was at fault for the fire.[83] On July 16, 2020, which was after PG&E exited bankruptcy, Cal Fire reported that the fire was caused by PG&E transmission lines.[84] Damages would not be covered by the settlement for wildfire victims that was part of the PG&E bankruptcy.[85]

Public safety power shutoff

Recognizing that the “2017 California wildfire season was the most destructive wildfire season on record,” the CPUC issued Resolution ESRB-8 in July 2018. The resolution supported the use of de-energization as a means to mitigate wildfire risks and established notification, mitigation, and reporting requirements.[256] The first of those Public Safety Power Shutoffs (PSPS) undertaken by PG&E occurred on October 14, 2018 and lasted until October 16th for the majority of customers. Since then there have been PSPS outages on June 8 and 9, 2019, and throughout the rest of the summer. In October 2019, PG&E began to shut off power to many regions, as a preemptive measure to help avoid wildfires caused by electric lines.[257]

The shutdown of nearly 25,000 miles (40,000 km) of electric lines was expected to affect more than 2 million people, of PG&E's 16 million total served. Power was projected to remain off for up to several days after the high winds subside as all of the shutdown lines must be inspected for wind damage.[258] By two days into the preemptive blackout, winds began to subside, and PG&E restored power to some 500,000 customers of a total of approximately 800,000 who lost power.[259]

Power shutoffs in California continued in 2020 and 2021.[260]

Dixie Fire

On January 4, 2022, CalFire determined that "the Dixie Fire was caused by a tree contacting electrical distribution lines owned and operated by Pacific Gas and Electric (PG&E) located west of Cresta Dam." CalFire forwarded the investigative report to the Butte County District Attorney's office, the same federal office that prosecuted PG&E in 2018 following the Camp Fire.[261]

Controversies

Community Pipeline Safety Initiative (CPSI)

In 2014, PG&E rolled out the "Pipeline Pathways" project, later rebranded "Community Pipeline Safety Initiative", a $500 million four-year effort to clear trees along the almost 7,000 miles of high pressure gas transmission pipeline in California. PG&E said that removing trees was necessary to 1) provide emergency access should an incident occur under a tree and 2) protect pipelines from tree roots. Many communities have protested the removal of private and public trees.[262] According to local opposition groups, PG&E's safety claims for tree removal are incorrect and tree removal makes aerial monitoring of pipeline faster and cheaper.[263] In 2017, several lawsuits have been filed in Contra Costa County Court by the non-profit organization Save Lafayette Trees stating that PG&E did not conduct the proper CEQA reviews or provide ample public notice before signing agreements for tree removal.[264]

PG&E's California-wide tree removal may have in fact caused widespread, increased stress corrosion cracking (SCC), according to PG&E's own dead tree root studies: "Given the fact that the tree roots were shown to cause coating damage, one must conclude that they also will increase the likelihood of SCC. It also is possible that decaying tree roots could create or increase the potency of an SCC environment at the pipe surface by increasing the amount of CO2 in the soil." (Source: from "Effects of Tree Roots on External Corrosion Control", 3/25/15, Det Norske Veritas, section 3.3 Stress Corrosion Cracking, p. 165 of final TRIA report)[265]

Smart meters

In the middle of 2010, PG&E rolled out new electronic meters that replaced traditional mechanical electric meters. Customers whose meters were replaced with smart meters reported seeing their energy bills increase and accused the company of deliberately inflating their bills and questioned the accuracy of the meters. Subsequently, the California Public Utilities Commission commissioned an investigation. Based on the assumption that "the information received was accurate and complete information and documentation", the research company reported that of the 613 Smart Meter field tests, 611 meters were successfully tested and 100% passed Average Registration Accuracy. One meter was found to have serious errors and was malfunctioning on arrival, while another was found to have serious event errors upon installation. These meters were, therefore, excluded from testing.[266] There were also complaints that the company did not honor customers' request not to have their mechanical meters replaced. Although the contractor that installed the meters would honor these requests, PG&E would eventually replace them anyway.

Proposition 16

In 2010, PG&E was accused of attempting to stifle competition with Proposition 16, which mandated approval from two-thirds of voters to start or expand a local utility. Critics argued that this would make it harder for local governments to create their own power utilities, effectively giving PG&E a monopoly. The company was also rebuked for supplying $46 million to support the ballot measure when opponents raised $100,000 in the campaign. The proposition was voted down with 52.5% in opposition and 47.5% in favor.[267]

Tax dodging and lobbying

In December 2011, the non-partisan organization Public Campaign criticized PG&E for spending $79 million on lobbying and not paying any taxes during 2008–2010, instead getting $1 billion in tax rebates, despite making a profit of $4.8 billion and increasing executive pay by 94% to $8.5 million in 2010 for its top five executives.[268]

Restatements

On February 28, 2002, after the collapse of Enron, which used dubious accounting and partnerships to hide its debt, PG&E announced to restate results dating back to 1999, to show leases related to power plant construction that had been previously kept off its balance sheet.[269]

On June 27, 2003, PG&E National Energy Group, a unit of PG&E Corporation, revised its 2002 Form 10-K/A to reclassify certain offsetting revenues and expenses, which net to zero. PG&E revised its 2002 Form 10-K/A accordingly to reflect the change.

Collusion with regulatory agencies

In 2014, a California state government investigation revealed that some top executives of PG&E had been in regular communications with high-ranking officials at the state regulatory body California Public Utilities Commission for years.[270] PG&E and also been allegedly "judge-shopping" during this time. PG&E Vice President of Regulatory Affairs Brian Cherry, Senior Vice President of Regulatory Affairs Tom Bottorff, and Vice President of Regulatory Proceedings Trina Horner were all fired after the email scandal was revealed.[271]

Rates

The PG&E and other investor owned utilities that are essentially granted monopoly status in California are guaranteed a negotiated fair rate of return on equity (ROE). PG&E's ROE rate was set at 10.4% and a return on rate base (ROR) was set at 8.06% by the CPUC in December 2012.[3][272] PG&E electricity rates are among the highest in the United States. In his 2013 paper Jonathan Cook of the UC Davis Energy Efficiency Center, described the 'unique factors' that explain why PG&E's rates are higher than other utilities in California.[3]: 27–8  According to Cook, PG&E procures 60% of its electricity supply from third party generators and 40% from nuclear, fossil fuel and hydroelectric power plants.[3]: 27–8  Many of the dams that produce PG&E's hydroelectric power were built in the early 1900s and require high maintenance. The cost of hydroelectric power maintenance is estimated to rise from $28 million in 2012 to $48 million.[3]: 28  PG&E "current and near-term capital expenditures are dominated by Diablo Canyon and its hydroelectric system".[3]: 28  Operations and maintenance (O&M) expenses are expected to rise especially with new regulations in place after the Fukushima accident.[3]: 28  PG&E uses less natural gas than its competitors and is expected "to experience slower price growth rates" particularly if there are high emission allowance prices.[3]: 29 

As of 2021, PG&E electricity rates are 80% above the national average, mostly because of high fixed costs, which consume between 66-77% of system-wide expenses and do not change based on how much electricity is consumed.[273] These fixed costs include maintenance, generation, transmission, distribution, and wildfire mitigation.[273] According to a study by the nonprofit think tank Next 10 with the energy institute at UC Berkeley’s Haas Business School, net-metering causes higher electricity rates, because many households with solar are not paying their share of the system's fixed costs, even though they rely on the system for much of their electricity.[273]: 1

"Locate and Mark" Investigation

The California Public Utilities Commission (CPUC) launched an investigation in December 2018 into PG&E's "locate and mark" practices.[233] CPUC had found that PG&E falsified tens of thousands of "Call Before You Dig" records.[274] Additionally, the company violated state laws, endangered its own employees, and endangered California residents through various illicit company practices every year between 2012 and 2016. The company was fined $110 million by the State of California.[275] This all occurred subsequent to the 2010 San Bruno pipeline explosion which PG&E caused due to similar malpractice.[276] PG&E responded by instituting a "Corrective Action Plan", issuing a statement about safety being important, and firing several employees. Nick Stavropoulos, its COO and president, announced a retirement at the time though the company did not say whether it was directly a result of CPUC's findings.[277]

South San Joaquin Irrigation District (SSJID)

In 2009 the California Public Utilities Commission (CPUC) unanimously approved a resolution that would allow the South San Joaquin Irrigation District to purchase PG&E's electric facilities in Manteca, Ripon and Escalon.[278][279][280] In March 2016, San Joaquin County Superior Court Judge Carter Holly has rejected PG&E claims that South San Joaquin Irrigation District lacks sufficient revenues to provide electrical retail service to the cities of Manteca, Ripon, and Escalon and surrounding farms."[281] The Municipal Service Review (MSR) found that SSJID's customer rates would be 15 percent lower than PG&E rates.[281]

See also

References

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External links

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pacific, electric, company, band, pacific, electric, band, american, investor, owned, utility, company, headquartered, lakeside, drive, oakland, california, provides, natural, electricity, million, households, northern, thirds, california, from, bakersfield, n. For the band see Pacific Gas amp Electric band The Pacific Gas and Electric Company PG amp E is an American investor owned utility IOU 2 The company is headquartered at 300 Lakeside Drive in Oakland California PG amp E provides natural gas and electricity to 5 2 million households in the northern two thirds of California from Bakersfield and northern Santa Barbara County almost to the Oregon and Nevada state lines 3 27 4 PG amp E CorporationTypePublic companyTraded asNYSE PCGS amp P 500 componentIndustryElectricityNatural gasFounded1905 118 years ago 1905 Headquarters300 Lakeside DriveOakland California U S Key peoplePG amp E Corporation Robert Flexon Chairman Patti Poppe CEO Chris Foster EVP amp CFO Pacific Gas amp Electric Company Adam L Wright EVP amp COO Janisse Quinones SVP Electric Joseph Forline SVP Gas ProductsElectricityNatural gasRevenueUS 20 64 billion 2021 Operating incomeUS 1 88 billion 2021 Net incomeUS 102 million 2021 Total assetsUS 103 33 billion 2021 Total equityUS 20 97 billion 2021 Number of employees 26 000 2021 Websitepgecorp wbr comFootnotes references 1 Overseen by the California Public Utilities Commission PG amp E is the leading subsidiary of the holding company PG amp E Corporation which has a market capitalization of 3 242 billion as of January 16 2019 5 PG amp E was established on October 10 1905 from the merger and consolidation of predecessor utility companies and by 1984 was the United States largest electric utility business 6 PG amp E is one of six regulated investor owned electric utilities IOUs in California the other five are PacifiCorp Southern California Edison San Diego Gas amp Electric Bear Valley Electric and Liberty Utilities 7 In 2018 and 2019 the company received widespread media attention when investigations by the California Department of Forestry and Fire Protection Cal Fire assigned the company primary blame for two separate devastating wildfires in California 8 9 The formal finding of liability led to losses in federal bankruptcy court 10 On January 14 2019 PG amp E announced its filing for Chapter 11 bankruptcy in response to its liability for the catastrophic 2017 and 2018 wildfires in Northern California 11 12 The company hoped to come out of bankruptcy by June 30 2020 13 14 and was successful on Saturday June 20 2020 when U S Bankruptcy Judge Dennis Montali issued the final approval of the plan for PG amp E to exit bankruptcy 15 16 17 Contents 1 History 1 1 Early history 1 1 1 San Francisco Gas 1 1 2 San Francisco Gas and Electric 1 2 Pacific Gas and Electric Company 1 2 1 The 1906 San Francisco earthquake 1 3 Sacramento Electric Gas and Railway Company 1 4 Further consolidation and expansion 1 4 1 Natural gas 1 5 Nuclear plants and gas pipelines 1 6 1990s and deregulation 1 7 1990s fires 1 8 2001 bankruptcy 1 9 2019 bankruptcy 1 9 1 Chronology 1 9 2 Other information 2 Generation portfolio 2 1 Hydroelectric 2 2 Nuclear 2 3 Combustion 2 4 Solar 3 PG amp E and the environment 3 1 Carbon footprint 4 Native American protest 5 Disasters 5 1 Groundwater contamination in Hinkley California 5 2 Metcalf sniper attack 5 3 Wildfires 5 3 1 Liability 5 3 2 Undergrounding 5 3 3 Sierra blaze 5 3 4 San Bruno California explosion 5 3 5 Butte Fire 5 3 6 October 2017 Northern California wildfires 5 3 7 Ghost Ship fire 5 3 8 Tubbs Fire 5 3 9 Camp Fire 5 3 10 Kincade Fire 5 3 11 Public safety power shutoff 5 3 12 Dixie Fire 6 Controversies 6 1 Community Pipeline Safety Initiative CPSI 6 2 Smart meters 6 3 Proposition 16 6 4 Tax dodging and lobbying 6 5 Restatements 6 6 Collusion with regulatory agencies 6 7 Rates 6 8 Locate and Mark Investigation 7 South San Joaquin Irrigation District SSJID 8 See also 9 References 10 External linksHistory EditEarly history Edit San Francisco Gas Edit In the 1850s manufactured gas was introduced to the United States for lighting Larger American cities in the east built gasworks but the west had no gas industry San Francisco had street lights only on Merchant Street in the form of oil lamps 18 11 19 Three brothers Peter James and Michael Donahue ran the foundry that became the Union Iron Works the largest shipbuilding operation on the West Coast and became interested in manufacturing gas 18 11 20 Joseph G Eastland an engineer and clerk at the foundry joined them in gathering information In July 1852 James applied for and received from the Common Council of the City of San Francisco a franchise to erect a gasworks lay pipes in the streets and install street lamps to light the city with brilliant gas The council specified that gas should be supplied to households at such rates as will make it to their interest to use it in preference to any other material 18 11 12 Eastland and the Donahue brothers incorporated the San Francisco Gas Company on August 31 1852 with 150 000 of authorized capital It became the first gas utility in the West Its official seal bore the inscription Fiat Lux let there be light the same slogan later adopted by the University of California There were 11 original stockholders and the three Donahue brothers subscribed for 610 of the 1 500 shares 18 12 The original location for the gas works was bounded by First Fremont Howard and Natoma streets south of Market on what was then the shore of the San Francisco Bay Work on the plant started in November 1852 and finished a few months later On the night of February 11 1854 the streets of San Francisco were for the first time lighted by gas To celebrate the event the company held a gala banquet at the Oriental Hotel 18 13 Gas lighting quickly gained public favor In the first year of operation the company had 237 customers That number more than doubled the next year to 563 By the end of 1855 the company had laid more than 6 miles of pipe and 154 street lamps were in operation 18 15 The growing popularity of gas light led to competing gas companies including the Aubin Patent Gas Company and Citizens Gas Company The San Francisco Gas Company quickly acquired these smaller rivals However one rival did provide serious competition 18 26 30 The Bank of California founded the City Gas Company in April 1870 to compete with the gas monopoly held by the Donahue brothers operation 21 City Gas began operation in 1872 and initiated a price war with the San Francisco Gas Company 18 26 30 In 1873 the two companies negotiated a consolidation as a compromise and the Bank of California gained part ownership of the most lucrative gas monopoly in the West 21 On April 1 1873 the San Francisco Gas Light Company was formed representing a merger of the San Francisco Gas Company the City Gas Company and the Metropolitan Gas Company 18 26 30 22 San Francisco Gas and Electric Edit Gas utilities including San Francisco Gas Light faced new competition with the introduction of electric lighting to California 18 80 82 According to a 2012 PG amp E publication and their 1952 commissioned history in 1879 San Francisco was the first city in the U S to have a central generating station for electric customers 18 59 23 To stay competitive the San Francisco Gas Light Company introduced the Argand lamp that same year The lamp increased the light capacity of gas street lamps but proved to be an expensive improvement and was not generally adopted 18 80 82 Meanwhile the demand for electric light in the stores and factories of downtown San Francisco continued to grow The first electric street light was erected in 1888 in front of City Hall and the electrical grid supporting it was gradually extended A second generating station was constructed in 1888 by the California Electric Light Company to increase production capacity 18 57 63 New competition also emerged in the 1880s in the form of water gas an improved illuminant patented by Thaddeus Lowe The United Gas Improvement Company a water gas manufacturer organized after purchasing the Lowe gas patents acquired a lease and then an interest in San Francisco s Central Gas Light Company on November 1 1883 18 46 48 24 United was acquired by the Pacific Gas Improvement Company in 1884 Under the management of president Albert Miller Pacific Gas Improvement developed into a formidable competitor to San Francisco Gas Light 18 46 48 His sons Horace A Miller and C O G Miller Christian Otto Gerberding Miller acting as Secretary and President respectively eventually owned and controlled not only the Pacific Gas Improvement Company but also the Pacific Gas Lighting Company Pacific Lighting Company In 1888 San Francisco Gas Light built its own water gas plant at the Potrero gas works The manufacturing of water gas proved successful due to the increased availability of inexpensive petroleum The company decided to construct a modern gas works with both updated water gas manufacturing technology and a modern coal gas plant as a hedge against shortages in the supply of oil 25 In 1891 the North Beach Gas Works was completed under the direction of San Francisco Gas Light president and engineer Joseph B Crockett The facility was the largest gas holder in the U S west of Chicago 18 84 25 In 1896 the Edison Light and Power Company merged with the San Francisco Gas Light Company to form the new San Francisco Gas and Electric Company 18 71 Consolidation of gas and electric companies solved problems for both utilities by eliminating competition and producing economic savings through joint operation 18 80 82 Other companies that began operation as active competitors but eventually merged into the San Francisco Gas and Electric Company included the Equitable Gas Light Company the Independent Electric Light and Power Company and the Independent Gas and Power Company 18 90 In 1903 the company purchased its main competitor for gas lighting the Pacific Gas Improvement Company 18 46 48 Pacific Gas and Electric Company Edit Pacific Gas and Electric Company plant in Sacramento 1912 According to PG amp E s 2012 history timeline on their webpage the San Francisco Gas and Electric Company and the California Gas and Electric Corporation merged to form the Pacific Gas and Electric Company PG amp E on October 10 1905 23 The consolidation gave the California Gas and Electric Corporation access to the large San Francisco market and a base for further financing The San Francisco Gas and Electric Company in turn was able to reinforce its electric system which until then had been powered entirely by steam operated generating plants which could not compete with lower cost hydroelectric power 18 227 233 After the merger engineers and management from each organization made plans to coordinate and unify the two systems 18 227 233 However the two firms maintained separate corporate identities until 1911 18 227 233 PG amp E began delivering natural gas to San Francisco and northern California in 1930 The longest pipeline in the world connected the Texas gas fields to northern California with compressor stations that included cooling towers every 300 miles 480 km at Topock Arizona on the state line and near the town of Hinkley California With the introduction of natural gas the company began retiring its polluting gas manufacturing facilities although it did keep some plants on standby Today a network of eight compressor stations linked by 40 000 miles of distribution pipelines and over 6 000 miles of transportation pipelines serves 4 2 million customers from Bakersfield to the Oregon border 4 In the 1950s and 1960s at both the Topock and Hinkley compressor stations a hexavalent chromium additive was used to prevent rust in the cooling towers which later was the cause of the Hinkley groundwater contamination 4 It disposed of the water from the cooling towers adjacent to the compressor stations 4 26 The 1906 San Francisco earthquake Edit PG amp E was significantly affected by the 1906 San Francisco earthquake 23 The company s assorted central offices were damaged by the quake and destroyed by the subsequent fire Its San Francisco Gas and Electric Company subsidiary in particular suffered significant infrastructure loss as its distribution systems miles of gas mains and electric wires were dissevered Only two gas and two electric plants all located far from the city survived the destruction 18 235 236 27 These functioning facilities including the new 4 000 000 foot crude oil gas works at Potrero Generating Station played critical roles in San Francisco s rebuilding efforts 28 29 Many of PG amp E s utility competitors ceased operation following the Great Earthquake The company s substantial capital allowed it to survive rebuild and expand 30 Sacramento Electric Gas and Railway Company Edit In 1906 PG amp E purchased the Sacramento Electric Gas and Railway Company and took control of its railway operations in and around Sacramento 31 The Sacramento City Street Railway began operating under the Pacific Gas amp Electric name in 1915 and its track and services subsequently expanded 31 32 By 1931 the Sacramento Street Railway Division operated 75 streetcars on 47 miles 76 km of track 33 PG amp E s streetcars were powered by the company s hydroelectric plant in Folsom 34 In 1943 PG amp E sold the rail service to Pacific City Lines which was later acquired by National City Lines Several streetcar lines were soon converted to bus service and the track was abandoned entirely in 1947 31 32 During this same period Pacific City Lines and its successor National City Lines with funding from General Motors Firestone Tire Standard Oil of California through a subsidiary Federal Engineering Phillips Petroleum and Mack Trucks were buying streetcar lines and rapidly converting most of them to bus service This consortium was convicted in 1949 of federal charges involving conspiracy to monopolize interstate commerce in the sale of buses and supplies to National City Lines and its subsidiaries The actions became known as the Great American Streetcar Scandal or the General Motors Streetcar Conspiracy 35 Further consolidation and expansion Edit PG amp E General Office Building in San Francisco Within a few years of its incorporation PG amp E made significant inroads into Northern California s hydroelectric industry through purchase of existing water storage and conveyance facilities These included many reservoirs dams ditches and flumes built by mining interests in the Sierras that were no longer commercially viable 36 By 1914 PG amp E was the largest integrated utility system on the Pacific Coast The company handled 26 percent of the electric and gas business in California Its operations spanned 37 000 square miles across 30 counties 37 The company expanded in the 1920s through strategic consolidation Important acquisitions during this period included the California Telephone and Light Company the Western States Gas and Electric Company and the Sierra and San Francisco Power Company which provided hydropower to San Francisco s streetcars 18 277 283 38 These three companies added valuable properties and power and water sources By the end of 1927 PG amp E had nearly one million customers and provided electricity to 300 Northern Californian communities 18 277 283 In 1930 PG amp E purchased majority stock holdings in two major Californian utility systems Great Western Power and San Joaquin Light and Power from The North American Company a New York investment firm In return North American received shares of PG amp E s common stock worth 114 million PG amp E also gained control of two smaller utilities Midland Counties Public Service and the Fresno Water Company which was later sold 39 The acquisition of these utilities did not result in an immediate merger of property and personnel The Great Western Power Company and the San Joaquin Company remained separate corporate entities for several more years But through this final major consolidation PG amp E soon served nearly all of Northern and Central California through one integrated system 18 291 298 Natural gas Edit The gas industry market structure was dramatically altered by the discovery of massive natural gas fields throughout the American Southwest beginning in 1918 40 The fuel was cleaner than manufactured gas and less expensive to produce 18 299 While natural gas sources were abundant in Southern California no economical sources were available in Northern California In 1929 PG amp E constructed a 300 mile pipeline from the Kettleman oil field to bring natural gas to San Francisco 18 300 41 The city became the first major urban area to switch from manufactured gas to natural gas 40 The transition required the adjustment of burners and airflow valves on 1 75 million appliances 40 In 1936 PG amp E expanded distribution with an additional 45 mile pipeline from Milpitas 18 306 PG amp E gradually retired its gas manufacturing facilities although some plants were kept on standby 18 304 Defense activities boosted natural gas sales in California during World War II but cut deeply into the state s natural reserves 18 306 307 39 In 1947 PG amp E entered into a contract with the Southern California Gas Company and the Southern Counties Gas Company to purchase natural gas through a new 1 000 mile pipeline running from Texas and New Mexico to Los Angeles 18 306 307 Another agreement was reached with the El Paso Natural Gas Company of Texas for gas delivery to the California Arizona border In 1951 PG amp E completed a 502 mile main that connected with the El Paso network at the state line 18 306 307 During this period of expansion PG amp E was involved in legal proceedings with the Securities and Exchange Commission regarding the company s status as a subsidiary of the North American Company As outlined by the Public Utility Holding Company Act of 1935 a utility subsidiary was defined as a utility company with more than 10 of their stock held by a public utility holding company Though 17 of PG amp E stock was held by the North American Company at this time PG amp E filed with the SEC to be exempted from subsidiary status on the grounds that 17 ownership did not give the North American Company control and because the North American Company occupied only two board member spots 18 314 316 42 The North American Company backed PG amp E s request by stating that they were involved in business operations in a limited capacity 43 The request remained unresolved until 1945 when the North American Company sold off stocks that brought its ownership to below 10 The SEC then ruled that PG amp E was not a subsidiary of the North American Company 44 In 1948 the North American Company sold its remaining stock in PG amp E 18 314 316 Nuclear plants and gas pipelines Edit In 1957 the company brought online Vallecitos Nuclear Center the first privately owned and operated nuclear reactor in the United States in Pleasanton California The reactor initially produced 5 000 kilowatts of power enough to power a town of 12 000 45 46 In addition to nuclear power PG amp E continued to develop natural gas supplies as well In 1959 the company began working to obtain approval for the import of a large quantity of natural gas from Alberta Canada to California via a pipeline constructed by Westcoast Transmission Co and the Alberta and Southern Gas Company on the Canadian side and by Pacific Gas Transmission Company a subsidiary of PG amp E on the U S side 47 48 Construction of the pipeline lasted 14 months 49 Testing began in 1961 50 and the completed 1 400 mile pipeline was dedicated in early 1962 49 51 PG amp E began construction on another nuclear facility the Diablo Canyon Power Plant in 1968 52 Originally slated to come online in 1979 52 the plant s opening was delayed for several years due to environmental protests 52 53 and concerns over the safety of the plant s construction 54 55 56 Testing of the plant began in 1984 57 58 and energy production was brought up to full power in 1985 59 During the construction of the Diablo Canyon plant PG amp E continued its efforts to bring natural gas supplies from the North to their service area in California In 1972 the company began exploring possibilities for a 3 000 mile pipeline from Alaska which would travel through the Mackenzie River Valley and on to join with the previously constructed pipeline originating in Alberta 60 In 1977 the Mackenzie Valley Pipeline project received approval from the U S Federal Power Commission 61 and support from the Carter Administration 62 The pipeline still required approval from Canada Plans for the pipeline were placed on hold in 1977 by a Canadian judge 63 Justice Thomas R Berger of British Columbia shelved the project for at least 10 years citing concerns from First Nations groups whose land the pipeline would have traversed as well as potential environmental impacts 63 In 1984 the great grandson of PG amp E s founder George H Roe David Roe published his book entitled Dynamos and Virgins during the time when there was a growing antinuclear power movement 64 6 David Roe who was an environmentalist and the Environmental Defense Fund s West Coast general counsel mounted an assault on the longstanding assumption that steady growth in coal and nuclear generating capacity was the only solution to the nation s energy needs He based his arguments on an economic analysis aimed at showing that a shift to energy conservation and alternative energy sources alone could slake the thirst for electricity 64 6 1990s and deregulation Edit As of December 1992 PG amp E operated 173 electric generating units and 85 generating stations 18 450 miles 29 690 km of transmission lines and 101 400 miles 163 200 km of distribution system In 1997 PG amp E reorganized as a holding company PG amp E Corporation It consisted of two subsidiaries PG amp E the regulated utility and a non regulated energy business In the later 1990s under electricity market deregulation this utility sold off most of its natural gas power plants The utility retained all of its hydroelectric plants the Diablo Canyon Power Plant and a few natural gas plants but the large natural gas plants it sold made up a large portion of its generating capacity This had the effect of requiring the utility to buy power from the energy generators at fluctuating prices while being forced to sell the power to consumers at a fixed cost The market for electricity was dominated by the Enron Corporation which with help from other corporations artificially pushed prices for electricity ever higher This led to the California electricity crisis that began in 2000 on Path 15 a transmission corridor PG amp E built With a critical power shortage rolling blackouts began on January 17 2001 1990s fires Edit In 1994 PG amp E caused the Trauner Fire in Nevada County California through criminal negligence The fire burned many acres of land and destroyed a schoolhouse and twelve homes near the town of Rough and Ready California PG amp E was found guilty of causing the fire and of 739 counts of criminal negligence 65 In 1996 one of PG amp E s substations in the Mission District of San Francisco caught fire PG amp E was eventually found legally culpable for the fire due to criminal negligence according to an investigation in 2003 66 The 1999 Pendola fire in the Plumas National Forest and Tahoe National Forest burned nearly 12 000 acres of forest was found to have been caused by poor vegetation management by PG amp E 67 2001 bankruptcy Edit Main article California electricity crisis In 1998 a change in the regulation of California s public utilities including PG amp E began The California Public Utility Commission CPUC set the rates that PG amp E could charge customers and required them to provide as much power as the customers wanted at rates set by the CPUC In the summer of 2001 a drought in the northwest states and in California reduced the amount of hydroelectric power available Usually PG amp E could buy cheap hydroelectric power under long term contracts with the Bonneville Dam and other sources Drought and delays in approval of new power plants and market manipulation decreased available electric power generation capacity that could be generated in state or bought under long term contracts out of state Hot weather brought on higher usage rolling blackouts and other problems With little excess generating capacity of its own PG amp E was forced to buy electricity out of state from suppliers without long term contracts Because PG amp E had to buy additional electricity to meet demand some suppliers took advantage of this requirement and manipulated the market by creating artificial shortages and charged very high electrical rates as exemplified by the Enron scandal The CPUC refused to adjust the allowable electric rates Unable to change rates and sell electricity to consumers for what it cost them on the open market PG amp E started hemorrhaging cash PG amp E Company the utility not the holding company entered bankruptcy under Chapter 11 on April 6 2001 The state of California tried to bail out the utility and provide power to PG amp E s 5 1 million customers under the same rules that required the state to buy electricity at market rate high cost to meet demand and sell it at lower fixed price and as a result the state also lost significant amounts of money The crisis cost PG amp E and the state somewhere between 40 and 45 billion 68 PG amp E Company the utility emerged from bankruptcy in April 2004 after paying 10 2 billion to its hundreds of creditors As part of the reorganization PG amp E s 5 1 million electricity customers will have to pay above market prices for several years to cancel the debt citation needed when 2019 bankruptcy Edit Chronology Edit Facing potential liabilities of 30 billion from multiple wildfires in the years 2015 2018 Pacific Gas and Electric Company PG amp E on January 14 2019 began the process of filing for bankruptcy with a 15 day notice of intention to file for bankruptcy protection 69 11 70 On January 29 2019 PG amp E Corporation the parent corporation of PG amp E filed for bankruptcy protection 71 72 Because fire survivors are unsecured creditors with the same priority as bondholders they would only be paid in proportion to their claim size if anything is left after secured and priority claims are paid this nearly ensured that they will not get paid in full 73 when PG amp E had a deadline of June 30 2020 to exit bankruptcy in order to participate in the California state wildfire insurance fund established by AB 1054 that helps utilities pay for future wildfire claims 74 75 76 77 On August 16 2019 liability for the Tubbs Fire was potentially added when U S Bankruptcy Judge Dennis Montali ruled that a fast track state jury trial could proceed to resolve who is at fault for the Tubbs Fire Cal Fire determined that customer equipment was at fault but lawyers representing wildfire victims claimed that PG amp E equipment was at fault 78 79 80 This trial was scheduled to begin January 7 2020 in San Francisco 81 The court case was superseded by the Restructuring Support Agreement RSA of December 9 2019 82 and by the approved bankruptcy reorganization plan 17 wherein PG amp E accepted liability for the Tubbs Fire Liability for the Kincade Fire that started October 23 2019 was potentially added because initially it was unknown whether or not PG amp E was at fault for the fire 83 On July 16 2020 which was after PG amp E exited bankruptcy Cal Fire reported that the fire was caused by PG amp E transmission lines 84 Damages would not be covered by the settlement for wildfire victims that was part of the PG amp E bankruptcy 85 PG amp E settled for 1 billion with state and local governments in June 2019 86 87 and settled for 11 billion with insurance carriers and hedge funds in September 2019 88 89 Representatives for wildfire victims say PG amp E owes 54 billion or more and PG amp E was offering 8 4 billion for fire damages Cal Fire and FEMA 90 If more than 500 homes were completely destroyed by the Kincade Fire and PG amp E was found to be at fault then the parties agreeing to the settlements may have the option to back out of the agreements 83 91 Later PG amp E offered a 13 5 billion fund to cover claims of the wildfire victims 92 93 94 FEMA originally requested PG amp E for 3 9 billion from the wildfire victims fund threatening to take the money from individual wildfire victims if PG amp E did not pay 95 96 and Cal OES had an overlapping 2 3 billion request 97 but they later settled for 1 billion after all wildfire victims are paid 98 99 100 101 Claims for wildfire victims consist of wrongful death personal injuries property loss business losses and other legal damages 102 U S District Judge James Donato was assigned to the estimation process for the claims of wildfire victims including whether or not personal injury and wrongful death claims can include damages due to emotional distress 103 104 Judge Donato was scheduled to begin hearings February 18 2020 to determine how to do the estimation and how much PG amp E needs to put in a trust fund for wildfire victims 105 81 Bankruptcy judge Montali said that the costs to government agencies will not be subject to the estimation process because those costs can be calculated down to the penny 103 The court case was superseded by the Restructuring Support Agreement RSA of December 9 2019 82 and by the approved bankruptcy reorganization plan 17 On October 9 2019 Judge Montali allowed the proposed reorganization plan of the senior bondholders to be considered along with PG amp E s proposed plan The proposal of the senior bondholders had the support of the committee of wildfire victims who said their claims may be worth 13 5 billion 106 107 108 The proposal of the senior bondholders would give them control of the company with PG amp E shareholders losing out and PG amp E called the proposal an unjustified windfall 106 109 Later PG amp E reached an agreement with the bondholders and the committee of wildfire victims so that PG amp E s proposed plan would be the only plan under consideration and the bondholders would not take control of the company 110 source It s decisions that were not made that have led to this moment in PG amp E s history says Governor Gavin Newsom in November 2019 On November 12 2019 PG amp E in its proposed reorganization plan provided an additional 6 6 billion for the claims of wildfire victims and other claimants increasing the amount to 13 5 billion similar to the amount in the rival reorganization proposal of the senior bondholders 92 111 112 113 93 94 In a filing with the Securities and Exchange Commission SEC this puts the total amount for fire claims at 25 5 billion 114 This consists of 11 billion to insurance companies and investment funds 1 billion to state and local governments and 13 5 billion for other claims 88 87 93 The 11 billion settlement to insurance companies and investment funds was opposed by the state of California Governor Gavin Newsom and by the committee of wildfire victims 115 116 117 Later Governor Newsom 118 and the wildfire victims 77 approved the bankruptcy reorganization plan 17 On December 6 2019 PG amp E proposed to settle the wildfire victim claims for a total of 13 5 billion which would cover liability for its responsibility originating from the Camp Fire Tubbs Fire Butte Fire Ghost Ship warehouse fire and also a series of wildfires beginning on October 8 2017 collectively called the 2017 North Bay Fires 119 The offer was tendered as part of PG amp E s plan to exit bankruptcy 120 121 Wildfire victims will get half of their 13 5 billion settlement as stock shares in the reorganized company 122 123 adding to the uncertainty as to when and how much they will be paid 124 125 On June 12 2020 because of uncertainties in the value of the liquidated stock in part because of the financial market impact of the COVID 19 pandemic PG amp E agreed to increase the amount of stock 126 127 Wildfire victims will be paid in cash funded partly from the cash portion of the settlement and partly from stock that will be liquidated into cash on a schedule and at a price that is not yet determined 127 128 On December 17 2019 regarding the Ghost Ship warehouse fire which was not a wildfire Judge Dennis Montali allowed the plaintiffs case claiming that the fire was caused by an electrical malfunction to continue against PG amp E This case if successful would receive money from PG amp E s 900 million insurance money but would not be eligible to be part of the 13 5 billion allotted for the claims arising from the wildfires 129 128 On August 18 2020 PG amp E settled the civil lawsuit for 32 of the victims out of the 36 who perished in the fire 130 The amount of the settlement was undisclosed but it was limited to the amount available under PG amp E s insurance coverage for the year 2016 On June 16 2020 PG amp E pleaded guilty to 84 counts of involuntary manslaughter for those that died in the Camp Fire for which it will pay the maximum fine of 3 5 million and end all further criminal charges against PG amp E This action does not alleviate PG amp E of any future civil claims by victims of the Camp Fire which would fall outside the bankruptcy proceedings as well as how existing litigation against PG amp E may be handled 131 132 On Saturday June 20 2020 U S Bankruptcy Judge Dennis Montali issued the final approval of the plan for the reorganized PG amp E to exit bankruptcy 15 16 17 meeting the June 30 2020 deadline for PG amp E to qualify for the California state wildfire insurance fund for utilities 74 75 76 On July 1 PG amp E funded the Fire Victim Trust FVT with 5 4 billion cash and 22 19 of stock in the reorganized PG amp E which covers most of the obligations of its settlement for the wildfire victims 133 123 134 PG amp E has two more payments totaling 1 35 billion cash scheduled to be paid in January 2021 and January 2022 to complete its obligations to the wildfire victims 127 Other information Edit On January 14 2019 following the departure of CEO Geisha Williams who had led the corporation since 2017 135 PG amp E corporation announced that it was filing for Chapter 11 bankruptcy in response to the financial challenges associated with catastrophic wildfires that had occurred in Northern California in 2017 and 2018 11 On January 15 2019 PG amp E stated it did not intend to make the semiannual interest payment of 21 6 million on its outstanding 5 40 percent Senior Notes due January 15 2040 which has a total capital value of 800 million Under the indenture the company had a 30 day grace period expired on February 14 2019 to make the interest payment before triggering a default event 136 PG amp E Corporation filed for bankruptcy on January 29 2019 The company s disclosure statement was approved on March 17 2020 137 138 According to Cbonds the company has 32 bond issues and their outstanding amount is approximately equal to 17 5 billion 139 PG amp E expects procedures to take two years 140 In April as the bondholders crafted a plan to bring the company out of bankruptcy Governor Gavin Newsom expressed his concern that new board members would have little knowledge of California and lack expertise in how to run a utility safely 141 In April 2019 PG amp E announced a new CEO and management team led by former head of Progress Energy Inc and the Tennessee Valley Authority Bill Johnson that would assume charge of the company as it went through bankruptcy 142 On November 1 2019 Governor Newsom issued a statement calling upon PG amp E to reach a consensual resolution to the bankruptcy case intending to convene a meeting of PG amp E Corporation s executives and stockholders as well as wildfire victims If an agreement could not be reached the State of California will not hesitate to step in and restructure the utility 143 144 A week prior Newsom had declared PG amp E s greed and mismanagement along with the utility s lack of focus on hardening its grid and under grounding its transmission lines in vulnerable areas as reasons for its inability to deliver electricity and the shutdowns They simply did not do their job said Newsom 145 146 A proposal to turn PG amp E into a customer owned cooperative initiated by San Jose Mayor Sam Liccardo has received backing from more than 110 elected officials that represent majority of PG amp E customers 147 and include 21 other mayors 148 The City of San Francisco offered to buy PG amp E s electrical infrastructure within the city for 2 5 billion in September 2019 while PG amp E was in bankruptcy but the offer was rejected by PG amp E 149 In March of 2020 PG amp E asked a federal court to approve 454 million in bonuses just days after asking another federal judge William Alsup who was overseeing PG amp E s criminal probation related to the 2010 San Bruno pipeline explosion not to force the utility to hire more tree trimmers 150 As part of its emergence from bankruptcy it will pay wildfire victims 13 5 billion half of that amount will be paid in company stock resulting in 70 000 fire victims owning 22 of the company 151 This bankruptcy of PG amp E Company was the largest utility bankruptcy in U S history 152 and was one of the most complex bankruptcies in U S history 153 In November 2020 it was announced that Patti Poppe would be leaving CMS Energy on December 1 2020 to become CEO of PG amp E Corporation on January 4 2021 154 155 In April 2022 it was reported that PG amp E Corporation CEO Patti Poppe received over 50 million in total direct compensation for her work in 2021 with 40 million of that being in company stock 156 In June 2020 PG amp E announced that it planned to move its headquarters to 300 Lakeside Drive in Oakland 157 The move will happen in phases starting in 2022 and completing by 2026 158 Generation portfolio EditThis section needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Pacific Gas and Electric Company news newspapers books scholar JSTOR February 2019 Learn how and when to remove this template message PG amp E s utility owned generation portfolio consists of an extensive hydroelectric system one operating nuclear power plant one operating natural gas fired power plant and another gas fired plant under construction 159 Two other plants owned by the company have been permanently removed from commercial operation Humboldt Bay Unit 3 nuclear and Hunters Point natural gas 160 161 Hydroelectric Edit PG amp E is the largest private owner of hydroelectric facilities in the United States including 174 dams According to the company s Form 10 K filing for 2011 The Utility s hydroelectric system consists of 110 generating units at 68 powerhouses including the Helms pumped storage facility with a total generating capacity of 3 896 MW The system includes 99 reservoirs 56 diversions 174 dams 172 miles of canals 43 miles of flumes 130 miles of tunnels 54 miles of pipe penstocks siphons and low head pipes and 5 miles of natural waterways 162 The single largest component is the Helms Pumped Storage Plant located at 37 02 13 78 N 118 57 53 63 W 37 0371611 N 118 9648972 W 37 0371611 118 9648972 Helms Pumped Storage Plant near Sawmill Flat in Fresno County California Helms consists of three units each rated at 404 MW for a total output of 1 212 MW The facility operates between Courtright and Wishon reservoirs alternately draining water from Courtright to produce electricity when demand is high and pumping it back into Courtright from Wishon when demand is low The Haas Powerhouse is situated more than 1 000 feet 300 m inside a granite mountain 163 Nuclear Edit The Diablo Canyon Power Plant located in Avila Beach California is the only operating nuclear asset owned by PG amp E The maximum output of this power plant is 2 240 MWe provided by two equally sized units As designed and licensed it could be expanded to four units at least doubling its generating capacity 164 Over a two week period in 1981 1 900 activists were arrested at Diablo Canyon Power Plant It was the largest arrest in the history of the U S anti nuclear movement 165 In June 2016 PG amp E announced plans to close Diablo Canyon in 2025 This would make California free of operating commercial nuclear power plants but will mean the loss of 2256 MW of generation that produced over 18 000 GWh of electricity per year The company operated the Humboldt Bay Power Plant Unit 3 in Eureka California It is the oldest commercial nuclear plant in California and its maximum output was 65 MWe The plant operated for 13 years until 1976 when it was shut down for seismic retrofitting New regulations enacted after the Three Mile Island accident rendered the plant unprofitable and it was never restarted Unit 3 is currently in decommissioning phase Based on PG amp E s schedule of planned decommissioning activities which incorporates various assumptions including approval of its proposed new scope decommissioning of the Unit 3 site is expected to conclude in 2019 166 Pacific Gas amp Electric planned to build the first commercially viable nuclear power plant in the United States at Bodega Bay a fishing village fifty miles north of San Francisco The proposal was controversial and conflict with local citizens began in 1958 167 In 1963 there was a large demonstration at the site of the proposed Bodega Bay Nuclear Power Plant 168 The conflict ended in 1964 with the forced abandonment of plans for the power plant 167 Combustion Edit This section needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Pacific Gas and Electric Company news newspapers books scholar JSTOR February 2019 Learn how and when to remove this template message Gateway Generating Station a combined cycle gas fired power station in Antioch California that began operating in 2009 Built in 1956 two natural gas fuel oil units at Humboldt Bay Power Plant produced 105 MWe of combined output These units along with two 15 MWe Mobile Emergency Power Plants MEPPs were retired in the summer of 2010 and replaced by the Humboldt Bay Generating Station built on the same site 169 It produces 163 MWe using natural gas for fuel and fuel oil for backup on Wartsila Diesel engines The new facility is 33 more efficient and produces 85 fewer ozone forming compounds and produces 34 fewer greenhouse gas emissions It has a closed loop cooling system eliminating use of water from Humboldt Bay for cooling 169 As part of a settlement with Mirant Services LLC for alleged market manipulations during the 2001 California energy crisis PG amp E took ownership of a partially constructed natural gas unit in Antioch California The 530 MW unit known as the Gateway Generating Station was completed by PG amp E and placed into operation in 2009 On May 15 2006 after a long and bitter political battle PG amp E shut down its 48 year old Hunters Point Power Plant in San Francisco 170 PG amp E broke ground in 2008 on a 660 MW natural gas power plant located in Colusa County It began operation in December 2010 and serves nearly half a million residences using the latest technology and environmental design needs update The plant will use dry cooling technology to dramatically reduce water usage and cleaner burning turbines to reduce CO2 emissions by 35 percent relative to older plants 171 Solar Edit On April 1 2008 PG amp E announced contracts to buy three new solar power plants in the Mojave Desert With an output of 500 MW and options for another 400 MW the three installations will initially generate enough electricity to power more than 375 000 residences 172 In April 2009 PG amp E s Next100 blog reported that PG amp E was asking the California Public Utilities Commission to approve a project by the company Solaren to deliver 200 megawatts of power to California from space This method of obtaining electricity from the sun eliminates mostly the darkness of night experienced from solar sites on the surface of the earth According to PG amp E spokesman Jonathan Marshall energy purchase costs are expected to be similar to other renewable energy contracts 173 PG amp E and the environment EditThis section needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Pacific Gas and Electric Company news newspapers books scholar JSTOR February 2019 Learn how and when to remove this template message Beginning in the mid 1970s regulatory and political developments began to push utilities in California away from a traditional business model In 1976 the California State Legislature amended the 1974 Warren Alquist Act 174 which created and gives legal authority to the California Energy Commission to effectively prohibit the construction of new nuclear power plants The Environmental Defense Fund EDF filed as an intervenor in PG amp E s 1978 General Rate Case GRC claiming that the company s requests for rate increases were based on unrealistically high projections of load growth Furthermore EDF claimed that PG amp E could more cost effectively encourage industrial co generation and energy efficiency than build more power plants As a result of EDF s involvement in PG amp E s rate cases the company was eventually fined 50 million by the California Public Utilities Commission for failing to adequately implement energy efficiency programs In the early first decade of the 21st century the CEO of PG amp E Corporation Peter Darbee and then CEO of Pacific Gas amp Electric Company Tom King publicly announced their support for California Assembly Bill 32 a measure to cap statewide greenhouse gas emissions and a 25 reduction of emissions by 2020 The bill was signed into law by Governor Arnold Schwarzenegger on September 27 2006 In 2014 PG amp E had a renewables mix of 28 175 By 2016 32 9 of PG amp E s power sources were renewable 176 During 2017 PG amp E announced that 80 of the company s delivered electricity comes from GHG free sources including renewables nuclear and hydropower Around 33 comes from renewable sources thus meeting California s goal of 33 of electricity coming from renewables by 2020 nearly three years in advance 177 In June 2020 PG amp E announced a 12 month R amp D effort along with Socalgas and Twelve to convert raw biogas into carbon neutral methane This technology would enable energy from renewable resources such as wind and solar to generate fuel from landfills sewage and dairy farms 178 Carbon footprint Edit Pacific Gas and Electric Company reported Total CO2e emissions Direct Indirect for the twelve months ending 31 December 2019 at 4 510 Kt 60 1 3 y o y 179 Pacific Gas and Electric Company s annual Total CO2e Emissions Location Based Scope 1 Scope 2 in kilotonnes Dec 2016 Dec 2017 Dec 2018 Dec 20194 950 180 4 650 181 4 570 182 4 510 179 Native American protest EditIn 1970 the Pit River Tribe began a boycott of PG amp E The tribe claimed that the land being used by PG amp E was rightfully theirs and that they should receive the profits from it People subsequently sent boycott checks to the tribe including Canadian musician Buffy Sainte Marie who sent a 150 check 183 Disasters EditGroundwater contamination in Hinkley California Edit Main article Hinkley groundwater contamination From 1952 to 1966 PG amp E dumped roughly 370 million gallons of chromium 6 tainted wastewater into unlined wastewater spreading ponds around the town of Hinkley California 184 228 185 PG amp E used chromium 6 one of the cheapest and most efficient commercially available corrosion inhibitors at their compressor station plants in their cooling towers along the natural gas transmission pipelines 184 186 PG amp E did not inform the local water board of the contamination until December 7 1987 stalling action on a response to the contamination 187 The residents of Hinkley filed a successful lawsuit against PG amp E in which the company paid 333 million 186 the largest settlement ever paid in a direct action lawsuit in U S history 188 The legal case dramatized in the 2000 film Erin Brockovich became an international cause celebre 184 185 186 189 190 191 192 193 194 In response in 2001 at the request of the CalEPA the Chromate Toxicity Review Committee was formed to investigate the toxicity of chromium 6 when ingested In 2003 a Senate hearing revealed that the committee s members included expert witnesses from PG amp E who had influenced the final August 2001 report which found in PG amp E s favor concluding that other reports were alarmist with spuriously high statistics and that further evaluation should be handled by academics in laboratory settings not by regulators 190 191 29 In July 2014 California became the first state to acknowledge that ingested chromium 6 is linked to cancer and as a result has established a maximum chromium 6 contaminant level MCL of 10 parts per billion ppb 195 196 In setting the regulations it was acknowledged that in recent scientific studies in laboratory animals Hexavalent Chromium has also been linked to cancer when ingested Previously when older chromium MCLs were set at the time Total Chromium MCLs were established ingested Hexavalent Chromium associated with consumption of drinking water was not considered to pose a cancer risk as is now the case 196 By 2013 PG amp E had cleaned up 54 acres but it is estimated the remediation process will take another 40 years PG amp E built a concrete wall barrier that is about a half mile long to contain the plume pump ethanol into the ground to convert chromium 6 into chromium 3 and have planted acres of alfalfa 197 They created a chicken farm to use the alfalfa PG amp E uses irrigation to maintain these large circles of green in the otherwise desert area and was asked to stop because of the ongoing danger of residents inhaling chromium 6 197 In 2015 the California Regional Water Quality Control Board Lahontan Region served PG amp E with a new order to cleanup sic and abate the effects of the discharge of chromium waste or threatened pollution or nuisance 198 By the time of the report the plume had expanded to 8 miles in length and approximately 2 miles in width throughout the Hinkley Valley and into Harper Dry Lake Valley polluting new areas 197 198 2 In early 2016 the New York Times described Hinkley as having been slowly turned into a ghost town due to the contamination of the area with owners unable to sell their properties 199 Epidemiologist John Morgan 200 produced a 2010 report for the California Cancer Registry in which he argued that there was no cancer cluster in Hinkley related to chromium 6 201 In one study Morgan had claimed that cancer rates in Hinkley remained unremarkable from 1988 to 2008 saying that the 196 cases of cancer reported during the most recent survey of 1996 through 2008 were less than what he would expect based on demographics and the regional rate of cancer 202 In 2013 the Center for Public Integrity found glaring weaknesses in Morgan s 2010 analysis that challenged the validity of his findings In his first study he dismisses what others see as a genuine cancer cluster in Hinkley In his latest analysis he excludes people who were exposed to the worst contamination 185 Metcalf sniper attack Edit Main article Metcalf sniper attack On April 16 2013 a team of gunmen opened fire on the Metcalf transmission substation in Coyote California The attack damaged 17 high voltage transformers causing more than 15 million in damage The team also cut a fiber optic telecommunications cable owned by AT amp T PG amp E and AT amp T offered a 250 000 reward for anyone who had information leading to the arrest of the culprits 203 204 however they were never found The Federal Bureau of Investigation found that it was not domestic terrorism 205 and The Department of Homeland Security claimed they had evidence that it may have been an inside job 206 Wildfires Edit PG amp E equipment has often been the cause of wildfires in California 207 PG amp E has been found guilty of criminal negligence in many cases involving fires These include the 1994 Trauner Fire 208 a substation fire in San Francisco in 1996 the 1999 Pendola Fire 209 a San Francisco substation fire in 2003 the Sims Fire and Fred s Fire in 2004 210 an explosion and electrical fire in San Francisco in 2005 the 2008 Rancho Cordova Gas Explosion 211 the 2010 San Bruno pipeline explosion 212 2014 Carmel Gas Explosion 213 2015 Butte Fire 2018 Camp Fire among others 214 Approximately forty of the 315 wildfires in PG amp E s service area in 2017 and 2018 were allegedly caused by PG amp E equipment 215 PG amp E was on probation after being found criminally liable in the 2010 San Bruno fire 216 Following that fire a federally appointed monitor initially focused on gas operations but his scope expanded to include electricity distribution equipment following the fires in October 2017 A separate case involved allegations the utility falsified gas pipeline records between 2012 and 2017 and as of January 2019 was still being considered 216 PG amp E like two large Southern California utilities is now required to submit an annual wildfire prevention plan The California law judges who reviewed the plan submitted in February 2019 suggested more metrics and maintenance partnerships with local governments but recommended approving the plan They also recommended investigating whether disabling equipment that restarts power transmission could reduce the need for power shutoffs PG amp E has filed a motion which in May 2019 had not yet been ruled upon to amend this plan to move some of the deadlines further out 217 Liability Edit State law follows a principle of inverse condemnation for wildfire liability which means that utilities are held responsible for damages resulting from any fire caused by their equipment even if their maintenance on equipment and surrounding vegetation was done to standards 218 1 This policy resulted in 30B of liability for PG amp E from the 2017 amp 2018 fires and drove it to bankruptcy proceedings 218 1 219 1 In July 2019 a new 21 billion wildfire trust fund was created to pay for damages from future wildfires started with a 50 50 balance of utility and customer monies and also reduced the liability threshold for utilities to where customers must prove negligence before companies are held liable 219 1 Undergrounding Edit As of 2019 Public utilities in the state of California have a total of 26 000 miles of high voltage transmission lines and 240 000 miles of distribution lines Distribution lines bring electricity directly to homes two thirds of them statewide are above ground 220 1 For transmission lines the cost of undergrounding is about 80 million per mile 221 1 while for distribution lines the cost of underground lines is about 3 million per mile compared to overhead lines at about 800 000 per mile 220 1 The state s largest utility PG amp E has 107 000 miles of distribution lines 81 000 miles of which are overhead The cost in 2019 to convert all of PG amp E s overhead distribution lines to underground lines would cost a total of 240 billion or 15 000 per PG amp E customer This cost estimate is only for distribution lines not the higher voltage transmission lines 220 1 In July 2021 PG amp E announced that it plans to bury an additional 10 000 miles of its distribution lines over the next 10 years about 9 more 25 are already underground to reduce the risk of wildland fires 222 It already has 27 000 miles of distribution lines underground but these are generally not in high fire risk areas 222 Nationwide 18 of distribution lines are underground partly because all new commercial and residential developments are built this way 222 This project has been estimated to cost about 4 million per mile or 40 billion in total though PG amp E s CEO stated that she hopes that they can get costs down to a total of 15 20 billion 222 The costs are likely to be passed on to the utility s 5 5 million customers who already have some of the highest electricity rates in the nation 223 Sierra blaze Edit On June 19 1997 a Nevada County jury in Nevada City found PG amp E guilty of a pattern of tree trimming violations that sparked a devastating 1994 wildfire in the Sierra 224 PG amp E was convicted of 739 counts of criminal negligence for failing to trim trees near its power lines the biggest criminal conviction ever against the state s largest utility 224 San Bruno California explosion Edit View of the San Bruno fire on September 9 2010 at 11 31 pm PDT Main article 2010 San Bruno pipeline explosion On the evening of September 9 2010 a suburb of San Francisco San Bruno California was damaged when one of PG amp E s natural gas pipelines that was at least 54 years old 30 inches 76 2 centimeters in diameter and located under a street intersection in a residential area exploded sending a 28 foot section of pipe weighing 3 000 pounds flying through the air fueled by blowing natural gas 225 The blast created a crater at the epicenter and killed eight people and injured nearly five dozen more while destroying about 100 homes 226 The USGS reported that the shock wave was similar to a 1 1 magnitude earthquake Following the event the company was heavily criticized for ignoring the warnings of a state inspector in 2009 and for failing to provide adequate safety procedures 227 The incident then came under investigation by the National Transportation Safety Board NTSB On August 30 2011 the NTSB released its findings which placed fault for the blast on PG amp E The report stated that the pipeline that exploded installed in 1956 did not even meet standards of that time 228 PG amp E was charged with twelve criminal felony counts alleging violations of the Natural Gas Pipeline Safety Act 229 PG amp E pleaded not guilty to the criminal counts in both the initial and superseding indictments opting to put the prosecutors to their proof 229 230 517 231 On April 1 2014 a United States grand jury in San Francisco charged PG amp E with knowingly and willfully violating the Natural Gas Pipeline Safety Act 225 232 In August 2015 the California Public Utilities Commission levied a 300 million fine against PG amp E which they paid PG amp E also refunded 400 million to gas customers and agreed to pay 850 million for gas system safety improvements It also settled more than 500 million in claims involving victims of the disaster and their relatives 226 Even in the years following the disaster PG amp E failed to implement legally mandated safety procedures aimed at preventing similar disasters A CPUC report was issued in December 2018 233 that concluded that between 2012 and 2017 PG amp E failed to locate and mark gas pipelines in a timely manner because of staff shortages and management counted possibly tens of thousands of late tickets as completed on time Contractors rely on this process to know where they can safely dig 234 PG amp E was fined 110 million for these legal violations 235 Butte Fire Edit Main article Butte Fire In September 2015 the deadly and destructive Butte Fire ignited in Amador and Calaveras counties It killed two people and destroyed hundreds of structures An investigation found PG amp E responsible for the fire after a gray pine tree came in contact with one of their powerlines 236 October 2017 Northern California wildfires Edit Main article October 2017 Northern California wildfires In October 2017 PG amp E was responsible for their own lines and poles starting thirteen separate fires of the 250 that devastated Northern California These fires were caused by electric power and distribution lines conductors and the failure of power poles 237 Pending further investigation the following fires have been confirmed by CAL FIRE investigators to have been started by PG amp E equipment Redwood Fire Mendocino County Sulphur Fire in Lake County Cherokee Fire Butte County 37 Fire Sonoma County Blue Fire Humboldt County Pocket Fire Sonoma County Atlas Fire Napa County Norrbom Adobe Partrick Pythian and Nuns fires of Sonoma and Napa County 237 Cascade Fire Yuba County 238 Ghost Ship fire Edit Main article Ghost Ship warehouse fire On December 2 2016 in Fruitvale Oakland California a fire broke out in a former warehouse that had been illegally converted into an artist collective with living spaces known as Ghost Ship 80 100 people were at an event in the space and 36 were killed The plaintiffs claim that the fire was caused by an electrical malfunction A civil case was put forward against PG amp E alleging blame 239 In August 2020 PG amp E settled a civil lawsuit for 32 of the victims out of the 36 who perished in the fire 130 The amount of the settlement was undisclosed but it was limited to the amount available under PG amp E s insurance coverage for the year 2016 Tubbs Fire Edit Main article Tubbs Fire The Tubbs Fire was a wildfire in Northern California during October 2017 At the time the Tubbs Fire was the most destructive wildfire in California history 240 241 burning parts of Napa Sonoma and Lake counties inflicting its greatest losses in the city of Santa Rosa Suspicion for the cause of the fire fell on PG amp E but the company seemed to be cleared of responsibility in this incident after Cal Fire released the results of its investigation on January 24 2019 upon which news the company s stock price jumped dramatically 242 243 On August 14 2019 U S Bankruptcy Judge Dennis Montali the federal judge for the 2019 PG amp E bankruptcy proceedings presided over a hearing for victims of the Tubbs Fire and they presented their case for a fast track state civil trial by jury to resolve if PG amp E is at fault for the Tubbs Fire rather than customer equipment causing the fire as determined by Cal Fire On August 16 2019 the judge ruled that the trial can proceed on a parallel track because it advances the goals of this bankruptcy After the judge s ruling the company s stock price sank by 25 244 On December 6 2019 PG amp E proposed to settle the wildfire victim claims for a total of 13 5 billion which would cover liability for its responsibility originating from the Tubbs Fire Camp Fire Butte Fire and also a series of wildfires beginning on October 8 2017 collectively called the 2017 North Bay Wildfires 119 The offer was tendered as part of PG amp E s plan to exit bankruptcy 120 121 The court case for the Tubbs Fire was superseded by the Restructuring Support Agreement RSA of December 9 2019 82 and by the approved bankruptcy reorganization plan 17 wherein PG amp E accepted liability for the Tubbs Fire Camp Fire Edit Main article Camp Fire 2018 In November 2018 PG amp E and its parent company were sued in the San Francisco County Superior Court by multiple victims of the Camp Fire the deadliest and most destructive wildfire in California history 245 The Camp Fire destroyed more than 18 000 buildings including 14 000 homes being particularly devastating to poorer residents Approximately 90 of the population of the town of Paradise California as of June 2020 remains dispersed in other parts of the state and the country 246 The lawsuit accused PG amp E of failure to properly maintain its infrastructure and equipment 247 The cause of the fire as indicated by PG amp E s electric incident report submitted to the California Public Utilities Commission was a power failure on a transmission line on November 8 just 15 minutes before the fire was first reported near the same location Later investigation revealed that a broken hook may have allowed a piece of electrically charged equipment to swing free and come close enough to the tower to arc providing the spark that ignited the blaze 248 The California Department of Forestry and Fire Protection and state utility regulators are investigating PG amp E to determine if they complied with state laws 249 250 As a result both Pacific Gas and Electric Company and parent company PG amp E Corporation together 251 filed for Chapter 11 bankruptcy on January 29 following the California required 15 day bankruptcy waiting period 252 253 PG amp E settled criminal proceedings with a fine pleaded guilty to one felony count of illegally starting a fire and 84 felony counts of involuntary manslaughter 246 254 Civil lawsuit proceedings continued 131 and were resolved by settlement 119 120 121 On July 1 2020 PG amp E funded the Fire Victim Trust FVT with 5 4 billion in cash and 22 19 of stock in the reorganized PG amp E which covers most of the obligations of its settlement for the wildfire victims 133 123 134 PG amp E has two more payments totaling 1 35 billion in cash scheduled to be paid in January 2021 and January 2022 to complete its obligations to the wildfire victims 127 Kincade Fire Edit Main article Kincade Fire The Kincade Fire was a wildfire that burned in Sonoma County California The fire started northeast of Geyserville in The Geysers on 9 24 p m on October 23 2019 and subsequently burned 77 758 acres 31 468 ha until the fire was fully contained on November 6 2019 The fire threatened over 90 000 structures and caused widespread evacuations throughout Sonoma County including the communities of Geyserville Healdsburg and Windsor The majority of Sonoma County and parts of Lake County were under evacuation warnings 255 The fire was the largest of the 2019 California wildfire season Initially it was unknown whether or not PG amp E was at fault for the fire 83 On July 16 2020 which was after PG amp E exited bankruptcy Cal Fire reported that the fire was caused by PG amp E transmission lines 84 Damages would not be covered by the settlement for wildfire victims that was part of the PG amp E bankruptcy 85 Public safety power shutoff Edit Main article 2019 California power shutoffs Recognizing that the 2017 California wildfire season was the most destructive wildfire season on record the CPUC issued Resolution ESRB 8 in July 2018 The resolution supported the use of de energization as a means to mitigate wildfire risks and established notification mitigation and reporting requirements 256 The first of those Public Safety Power Shutoffs PSPS undertaken by PG amp E occurred on October 14 2018 and lasted until October 16th for the majority of customers Since then there have been PSPS outages on June 8 and 9 2019 and throughout the rest of the summer In October 2019 PG amp E began to shut off power to many regions as a preemptive measure to help avoid wildfires caused by electric lines 257 The shutdown of nearly 25 000 miles 40 000 km of electric lines was expected to affect more than 2 million people of PG amp E s 16 million total served Power was projected to remain off for up to several days after the high winds subside as all of the shutdown lines must be inspected for wind damage 258 By two days into the preemptive blackout winds began to subside and PG amp E restored power to some 500 000 customers of a total of approximately 800 000 who lost power 259 Power shutoffs in California continued in 2020 and 2021 260 Dixie Fire Edit On January 4 2022 CalFire determined that the Dixie Fire was caused by a tree contacting electrical distribution lines owned and operated by Pacific Gas and Electric PG amp E located west of Cresta Dam CalFire forwarded the investigative report to the Butte County District Attorney s office the same federal office that prosecuted PG amp E in 2018 following the Camp Fire 261 Controversies EditCommunity Pipeline Safety Initiative CPSI Edit In 2014 PG amp E rolled out the Pipeline Pathways project later rebranded Community Pipeline Safety Initiative a 500 million four year effort to clear trees along the almost 7 000 miles of high pressure gas transmission pipeline in California PG amp E said that removing trees was necessary to 1 provide emergency access should an incident occur under a tree and 2 protect pipelines from tree roots Many communities have protested the removal of private and public trees 262 According to local opposition groups PG amp E s safety claims for tree removal are incorrect and tree removal makes aerial monitoring of pipeline faster and cheaper 263 In 2017 several lawsuits have been filed in Contra Costa County Court by the non profit organization Save Lafayette Trees stating that PG amp E did not conduct the proper CEQA reviews or provide ample public notice before signing agreements for tree removal 264 PG amp E s California wide tree removal may have in fact caused widespread increased stress corrosion cracking SCC according to PG amp E s own dead tree root studies Given the fact that the tree roots were shown to cause coating damage one must conclude that they also will increase the likelihood of SCC It also is possible that decaying tree roots could create or increase the potency of an SCC environment at the pipe surface by increasing the amount of CO2 in the soil Source from Effects of Tree Roots on External Corrosion Control 3 25 15 Det Norske Veritas section 3 3 Stress Corrosion Cracking p 165 of final TRIA report 265 Smart meters Edit In the middle of 2010 PG amp E rolled out new electronic meters that replaced traditional mechanical electric meters Customers whose meters were replaced with smart meters reported seeing their energy bills increase and accused the company of deliberately inflating their bills and questioned the accuracy of the meters Subsequently the California Public Utilities Commission commissioned an investigation Based on the assumption that the information received was accurate and complete information and documentation the research company reported that of the 613 Smart Meter field tests 611 meters were successfully tested and 100 passed Average Registration Accuracy One meter was found to have serious errors and was malfunctioning on arrival while another was found to have serious event errors upon installation These meters were therefore excluded from testing 266 There were also complaints that the company did not honor customers request not to have their mechanical meters replaced Although the contractor that installed the meters would honor these requests PG amp E would eventually replace them anyway Proposition 16 Edit In 2010 PG amp E was accused of attempting to stifle competition with Proposition 16 which mandated approval from two thirds of voters to start or expand a local utility Critics argued that this would make it harder for local governments to create their own power utilities effectively giving PG amp E a monopoly The company was also rebuked for supplying 46 million to support the ballot measure when opponents raised 100 000 in the campaign The proposition was voted down with 52 5 in opposition and 47 5 in favor 267 Tax dodging and lobbying Edit In December 2011 the non partisan organization Public Campaign criticized PG amp E for spending 79 million on lobbying and not paying any taxes during 2008 2010 instead getting 1 billion in tax rebates despite making a profit of 4 8 billion and increasing executive pay by 94 to 8 5 million in 2010 for its top five executives 268 Restatements Edit On February 28 2002 after the collapse of Enron which used dubious accounting and partnerships to hide its debt PG amp E announced to restate results dating back to 1999 to show leases related to power plant construction that had been previously kept off its balance sheet 269 On June 27 2003 PG amp E National Energy Group a unit of PG amp E Corporation revised its 2002 Form 10 K A to reclassify certain offsetting revenues and expenses which net to zero PG amp E revised its 2002 Form 10 K A accordingly to reflect the change Collusion with regulatory agencies Edit In 2014 a California state government investigation revealed that some top executives of PG amp E had been in regular communications with high ranking officials at the state regulatory body California Public Utilities Commission for years 270 PG amp E and also been allegedly judge shopping during this time PG amp E Vice President of Regulatory Affairs Brian Cherry Senior Vice President of Regulatory Affairs Tom Bottorff and Vice President of Regulatory Proceedings Trina Horner were all fired after the email scandal was revealed 271 Rates Edit The PG amp E and other investor owned utilities that are essentially granted monopoly status in California are guaranteed a negotiated fair rate of return on equity ROE PG amp E s ROE rate was set at 10 4 and a return on rate base ROR was set at 8 06 by the CPUC in December 2012 3 272 PG amp E electricity rates are among the highest in the United States In his 2013 paper Jonathan Cook of the UC Davis Energy Efficiency Center described the unique factors that explain why PG amp E s rates are higher than other utilities in California 3 27 8 According to Cook PG amp E procures 60 of its electricity supply from third party generators and 40 from nuclear fossil fuel and hydroelectric power plants 3 27 8 Many of the dams that produce PG amp E s hydroelectric power were built in the early 1900s and require high maintenance The cost of hydroelectric power maintenance is estimated to rise from 28 million in 2012 to 48 million 3 28 PG amp E current and near term capital expenditures are dominated by Diablo Canyon and its hydroelectric system 3 28 Operations and maintenance O amp M expenses are expected to rise especially with new regulations in place after the Fukushima accident 3 28 PG amp E uses less natural gas than its competitors and is expected to experience slower price growth rates particularly if there are high emission allowance prices 3 29 As of 2021 update PG amp E electricity rates are 80 above the national average mostly because of high fixed costs which consume between 66 77 of system wide expenses and do not change based on how much electricity is consumed 273 These fixed costs include maintenance generation transmission distribution and wildfire mitigation 273 According to a study by the nonprofit think tank Next 10 with the energy institute at UC Berkeley s Haas Business School net metering causes higher electricity rates because many households with solar are not paying their share of the system s fixed costs even though they rely on the system for much of their electricity 273 1 Locate and Mark Investigation Edit The California Public Utilities Commission CPUC launched an investigation in December 2018 into PG amp E s locate and mark practices 233 CPUC had found that PG amp E falsified tens of thousands of Call Before You Dig records 274 Additionally the company violated state laws endangered its own employees and endangered California residents through various illicit company practices every year between 2012 and 2016 The company was fined 110 million by the State of California 275 This all occurred subsequent to the 2010 San Bruno pipeline explosion which PG amp E caused due to similar malpractice 276 PG amp E responded by instituting a Corrective Action Plan issuing a statement about safety being important and firing several employees Nick Stavropoulos its COO and president announced a retirement at the time though the company did not say whether it was directly a result of CPUC s findings 277 South San Joaquin Irrigation District SSJID EditIn 2009 the California Public Utilities Commission CPUC unanimously approved a resolution that would allow the South San Joaquin Irrigation District to purchase PG amp E s electric facilities in Manteca Ripon and Escalon 278 279 280 In March 2016 San Joaquin County Superior Court Judge Carter Holly has rejected PG amp E claims that South San Joaquin Irrigation District lacks sufficient revenues to provide electrical retail service to the cities of Manteca Ripon and Escalon and surrounding farms 281 The Municipal Service Review MSR found that SSJID s customer rates would be 15 percent lower than PG amp E rates 281 See also Edit San Francisco Bay Area portal Companies portalDiablo Canyon Power Plant Erin Brockovich Erin Brockovich Hinkley groundwater contamination Grid tied electrical system List of articles associated with nuclear issues in California Raker Act San Diego Gas amp Electric Southern California EdisonReferences Edit US SEC Form 10 K Pacific Gas and Electric Company U S Securities and Exchange Commission February 10 2022 How PG amp E Makes Money PG amp E archived from the original on April 26 2016 retrieved April 17 2016 a b c d e f g h Jonathan Cook The Future of Electricity Prices in California Final Draft PDF UC Davis Archived from the original PDF on February 5 2017 Retrieved April 17 2016 a b c d Compressor Stations Environmental Restoration Activities at Compressor Station Properties Pacific Gas and Electricity 2015 Archived from the original on April 25 2016 Retrieved April 16 2016 PCG Stock Price amp News PG amp E Corp Wall Street Journal quotes wsj com Archived from the original on April 17 2016 Retrieved April 17 2016 a b c Cummings Judith April 7 1985 In Short a review of Dynamos and Virgins by David Roe The New York Times archived from the original on January 22 2016 retrieved April 17 2016 Electric Utilities in California ww2 energy ca gov Retrieved February 14 2020 CAL FIRE July 16 2020 CAL FIRE Investigators Determine Cause of the Kincade Fire PDF press release ca gov CAL FIRE Investigators Determine Cause of the Camp Fire PDF press release ca gov Falconer Rebecca November 28 2019 PG amp E bankruptcy judge sides with fire victims in liability challenge AXIOS Axios Media Retrieved July 17 2020 a b c PG amp E FORM 8 K PDF www pge com Archived PDF from the original on January 29 2019 Retrieved January 15 2019 Peltz James F January 15 2019 PG amp E to file for bankruptcy as wildfire costs hit 30 billion Its stock plunges 52 Los Angeles Times Archived from the original on May 27 2019 Retrieved June 15 2019 Gonzales Richard December 7 2019 PG amp E Announces 13 5 Billion Settlement Of Claims Linked To California Wildfires NPR Retrieved June 8 2020 Penn Ivan May 20 2020 PG amp E Says Wildfire Victims Back Settlement in Bankruptcy The New York Times Retrieved June 8 2020 a b Scaggs Alexandra June 22 2020 PG amp E Is Emerging From Bankruptcy After Its Financing Plan Was Approved Barron s a b Chediak Mark June 21 2020 PG amp E Wins Final Approval for Its Bankruptcy Reorganization Bloomberg News Power giant can now exit largest U S utility restructuring a b c d e f PG amp E Important Documents Related to the Plan and Disclosure Statement Prime Clerk Retrieved June 26 2020 The most useful document is the Disclosure Statement to the Plan a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae af ag ah ai aj Coleman Charles M 1952 P G And E of California The Centennial Story of Pacific Gas and Electric Company 1852 1952 McGraw Hill Book Company Inc OCLC 3920159 Charles M Coleman worked for PG amp E s publicity department when he authored this history The History of Gas Lighting in San Francisco Pacific Gas and Electric Magazine vol 1 no 3 August 1909 Wiley Peter Booth 2000 National Trust Guide San Francisco America s Guide for Architecture and History Travelers Wiley p 46 ISBN 0471191205 Archived from the original on May 7 2016 Retrieved October 10 2019 a b Shoup Laurence H 2010 Rulers and Rebels A People s History of Early California 1769 1901 iUniverse com p 217 ISBN 978 1450255905 Archived from the original on May 2 2016 Retrieved December 26 2015 Peter Linenthal and Abigail Johnston 2005 San Francisco s Potrero Hill Arcadia Publishing p 37 ISBN 0 7385 2937 0 Retrieved December 26 2015 San Francisco s Potrero Hill a b c 150 Years of Energy The History of PG amp E Corporation PG amp E Website Archived from the original on June 29 2012 Retrieved June 20 2012 Cleveland Cutler J 2009 Concise Encyclopedia of the History of Energy Academic Press pp 155 156 ISBN 978 0123751171 Archived from the original on June 24 2016 Retrieved December 26 2015 a b Jones E C 1910 The History of Gas Lighting in San Francisco Vol 24 The Technical Publishing Company Archived from the original on June 22 2013 Retrieved May 13 2012 Waste Programs Division Cleanups Topock Compressor Station Groundwater VRP Site Arizona Department of Environmental Quality AZDEQ 2015 Archived from the original on April 27 2016 Retrieved April 16 2016 Little Light for Weeks to Come San Francisco Chronicle April 30 1906 Archived from the original on June 29 2012 Retrieved June 20 2012 Jones E C 1910 The History of Gas Lighting in San Francisco Vol 24 The Technical Publishing Company Archived from the original on June 22 2013 Retrieved June 20 2012 The Story of the Restoration of the Gas Supply in San Francisco after the Fire The San Francisco Museum Archived from the original on June 29 2012 Retrieved June 20 2012 O Donnell Arthur J 2003 Soul of the Grid A Cultural Biography of the California Independent System Operator iUniverse ISBN 0595293484 Archived from the original on May 28 2016 Retrieved December 26 2015 a b c Burg William 2006 Sacramento s Streetcars Arcadia Publishing pp 8 101 ISBN 0738531472 Archived from the original on May 4 2016 Retrieved December 26 2015 a b Fickewirth Alvin A 1992 California Railroads San Marino California Golden West Books pp 100 117 ISBN 0 87095 106 8 Demoro Harre W 1986 California s Electric Railways Glendale California Interurban Press p 201 ISBN 0 916374 74 2 Foster Tim April 1 2010 Sacramento 1910 The End of An Era Midtown Monthly Archived from the original on January 2 2012 Retrieved September 8 2012 Mankoff Al Summer 1999 Revisiting the Great American Streetcar Scandal InTransition Magazine Newark New Jersey New Jersey Transportation Planning Authority Archived from the original on May 19 2015 Retrieved April 2 2015 Larson David J 1996 Historical Water Use Priorities and Public Policies PDF Sierra Nevada Ecosystem Project p 171 Archived from 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California Delayed Again by U S Panel The New York Times March 27 1984 Retrieved August 23 2012 Court Will Not Allow Nuclear Plant to Open The New York Times October 3 1984 Retrieved August 23 2012 Coast Nuclear Plant Heats Its Reactor Core The New York Times November 4 1984 Retrieved August 23 2012 Diablo Produces Electricity Cloverdale Reveille November 19 1984 Archived from the original on January 22 2016 Retrieved August 23 2012 Full Power Is Set at Diablo Canyon The New York Times May 7 1985 Retrieved August 23 2012 Peter Hayes December 1 1972 U S looking northward to meet energy needs Ludington Daily News Archived from the original on December 11 2015 Retrieved August 23 2012 Garry Fairbairn February 2 1977 Arctic gas pipeline wins approval from U S judge The Montreal Gazette Archived from the original on December 11 2015 Retrieved August 23 2012 Gladwin Hill July 26 1979 Alaskan gas pipeline gains administration support The Dispatch Archived from the original on December 11 2015 Retrieved August 23 2012 a b Mackenzie Valley pipeline 37 years of negotiation CBC December 16 2010 Archived from the original on August 21 2012 Retrieved August 23 2012 a b Roe David 1984 Dynamos and Virgins Random House New York pp 201 ISBN 9780394528984 PG amp E Guilty in 1994 Sierra Blaze 739 counts of negligence for not trimming trees June 20 1997 Fires at PG amp E s SF substations a recurring problem May 4 2017 Staff The Union PG amp E to pay close to 15M in fire settlement www theunion com Weare Christopher 2003 The California Electricity Crisis Causes and Policy Options p 3 4 San Francisco Public Policy Institute of California ISBN 1 58213 064 7 Efstathiou Jim Jr Varghese Romy January 14 2019 A PG amp E Bankruptcy May Be What California Needs for a Utility Fix Bloomberg News Iovino Nicholas January 14 2019 PG amp E Files for Bankruptcy Citing Wildfire Liabilities Courthouse News Service Bernstein Sharon January 29 2019 PG amp E files for bankruptcy as California wildfire liabilities loom Reuters Retrieved January 29 2019 PG amp E Corporation and Pacific Gas and Electric Company Case No 19 30088 Prime Clerk Retrieved November 22 2019 bankruptcy reorganization proceedings Erin Brockovich to lead protest against PG amp E bankruptcy at Capitol in Sacramento modbee Retrieved January 26 2019 a b Morris J D Gardiner Dustin July 12 2019 Newsom authorizes 21 billion fund to protect utilities from fire costs San Francisco Chronicle a b Nikolewski Rob October 24 2019 California regulators approve funding for controversial wildfire law The San Diego Union Tribune a b Gonzales Richard November 1 2019 Calif Governor Seeks To Jumpstart PG amp E Bankruptcy Talks Threatens State Takeover npr org a b Guiney Brian P Kim Sichan June 8 2020 PG amp E s 58B Bankruptcy Plan Moves Closer to Approval Patterson Belknap Johnson Julie August 16 2019 Bankruptcy judge clears way for trial against PG amp E on Tubbs fire The Press Democrat Morris J D August 16 2019 PG amp E s role in the 2017 Tubbs Fire to go to jury trial San Francisco Chronicle Katherine Blunt August 19 2019 PG amp E Shares Tumble After Judge Allows Trial on Whether It Caused Wildfire The Wall Street Journal ISSN 0099 9660 Wikidata Q114357413 Retrieved October 2 2022 a b Peg Brickley Gretchen Morgenson November 8 2019 PG amp E Bankruptcy Protections Could Mean Less Money for Wildfire Victims The Wall Street Journal ISSN 0099 9660 Wikidata Q114385792 Retrieved October 3 2022 Chapter 11 rules give the giant California utility what amounts to a lid on compensation a b c RESTRUCTURING SUPPORT AGREEMENT U S Securities and Exchange Commission December 9 2019 a b c Ezyk Nicholas November 7 2019 PG amp E s Bankruptcy A Bad Sign for American Utilities The Motley Fool a b Fusek Maggie July 17 2020 Kincade Fire Caused By PG amp E Equipment Cal Fire Says Patch Cal Fire investigators determined the Sonoma County wildfire that destroyed 374 homes and structures was traced to PG amp E equipment a b Balaraman Kavya July 20 2020 PG amp E faces further investigation after California officials blame utility for Kincade Fire Utility Dive Morris J D June 18 2019 PG amp E to pay 1 billion to local governments affected by wildfires San Francisco Chronicle a b Katherine Blunt Erin Ailworth June 18 2019 PG amp E Reaches 1 Billion Settlement With Paradise California Governments The Wall Street Journal ISSN 0099 9660 Wikidata Q114357300 Retrieved October 2 2022 a b Chediak Mark Deveau Scott September 13 2019 PG amp E s 11 billion settlement with insurers sets up a clash with fire victims Los Angeles Times Thomas Owen Egelko Bob September 13 2019 PG amp E takes step out of bankruptcy with 11 billion insurance settlement San Francisco Chronicle Peg Brickley Russell Gold September 13 2019 PG amp E Reaches 11 Billion Settlement with Insurers over Deadly Wildfires The Wall Street Journal ISSN 0099 9660 Wikidata Q114385805 Retrieved October 3 2022 Checiak Mark October 25 2019 How a New California Wildfire Could Upend PG amp E s Bankruptcy Case Bloomberg News a b Chediak Mark Deveau Scott November 12 2019 PG amp E Is Offering 13 5 Billion in Compensation to Wildfire Victims Bloomberg News a b c Kasler Dale Bollag Sophia November 18 2019 Bankrupt PG amp E increases offer to California wildfire victims Here s the utility s new plan The Sacramento Bee a b Chediak Mark Deveau Scott December 4 2019 PG amp E is near 13 5 billion deal with wildfire victims sources say Los Angeles Times Open Letter to California Wildfire Survivors from FEMA Region 9 Administrator Robert Fenton Federal Emergency Management Agency FEMA January 16 2020 Release Number RIX RA 20 01 Von Kaenel Camille January 18 2020 State feds asked to drop PG amp E claims Daily Democrat Wildfire Victims Blast FEMA And Calif Claims Against PG amp E Law360 February 20 2020 Peg Brickley March 10 2020 PG amp E Settles with FEMA First Responders Over 4 Billion in Bankruptcy Claims The Wall Street Journal ISSN 0099 9660 Wikidata Q114386329 Retrieved October 3 2022 Federal agency dropped threat to sue victims of California wildfires if utility refused to pay for emergency services Liedtke Michael March 10 2020 PG amp E settles key battle over 13 5B wildfire victims fund Associated Press Kasler Dale March 10 2020 PG amp E settles with FEMA over billions in wildfire claims avoiding bankruptcy fight The Sacramento Bee Johnson Julie March 10 2020 FEMA agrees to let wildfire victims get paid first in PG amp E bankruptcy The North Bay Business Journal Camp Fire Lawsuit Information pgelawsuitguide com Skikos Attorneys At Law Retrieved October 14 2019 a b Iovino Nicholas August 27 2019 Government Wildfire Claims Against PG amp E Won t Be Estimated www courthousenews com Courthouse News Service PG amp E Corporation and Pacific Gas and Electric Company Civil Case No 3 19 cv 0527 Prime Clerk Retrieved November 22 2019 wildfire claims estimation proceedings Gibson Kate October 29 2019 Deadline extended for California fire victims to seek compensation CBS News a b Christie Jim October 9 2019 Judge opens door to PG amp E wildfire victims noteholders filing rival reorganization plan Reuters Peg Brickley October 9 2019 PG amp E s Bankruptcy Judge Opens the Door to Rival Chapter 11 Exit Plan The Wall Street Journal ISSN 0099 9660 Wikidata Q114386424 Retrieved October 3 2022 Scaggs Alexandra October 10 2019 PG amp E Stock Is Tumbling Because Its Bankruptcy Just Got Riskier for Shareholders Here s Why Barrons Garber Jonathan October 12 2019 PG amp E shareholders could get wiped out Fox Business Peg Brickley February 4 2020 PG amp E Wins Court Approval on Bankruptcy Pact With Bondholders The Wall Street Journal ISSN 0099 9660 Wikidata Q114386364 Retrieved October 3 2022 Settlement with bondholders ends threat of a rival chapter 11 plan for the embattled California utility Scaggs Alexandra November 12 2019 PG amp E Stock Is Up Because the Company Is Offering More to Wildfire Victims Barron s Garber Jonathan November 12 2019 PG amp E wildfire victims face uncertain road to recovery Fox Business Wade Will November 18 2019 PG amp E Working to Fill 4 6 Billion Financing Hole in Bankruptcy Yahoo Finance FORM 8 K Current Report for PG amp E Corporation and Pacific Gas and Electric Company November 16 2019 U S Securities and Exchange Commission November 16 2019 Governor opposes 11B PG amp E insurance settlement PDF Frantz Law Group Retrieved November 25 2019 Peg Brickley November 19 2019 Wildfire Victims Insist 11 Billion Insurance Pact Is Blocking PG amp E Deal The Wall Street Journal ISSN 0099 9660 Wikidata Q114386404 Retrieved October 3 2022 PG amp E promised 11 billion in cash to insurers and fire victims say the deal is getting in the way of a chapter 11 plan settlement Brickely Peg December 4 2019 Newsom Slams PG amp E Insurance Deal as Wildfire Settlement Takes Shape The Wall Street Journal California governor criticizes 11 billion pact that locks up votes for company s bankruptcy plan Thompson Don Nguyen Daisy March 20 2020 PG amp E reaches bankruptcy deal with California governor Public Broadcasting Service PBS a b c Gonzales Richard December 7 2019 PG amp E Announces 13 5 Billion Settlement Of Claims Linked To California Wildfires National Public Radio a b c Acharya Bhargav December 6 2019 Bankrupt PG amp E reaches 13 5 billion settlement with California wildfire victims Reuters a b c PG amp E March 17 2020 Disclosure Statement to the Plan PDF Prime Clerk p 159 Katherine Blunt February 13 2020 PG amp E s Fire Victims Are Set to Become Its Biggest Shareholders The Wall Street Journal ISSN 0099 9660 Wikidata Q114357402 Retrieved October 2 2022 California utility offers to fund part of settlements with stock Some though don t want to own the company that burned their houses down a b c Iovino Nicholas July 1 2020 PG amp E Emerges From Chapter 11 Bankruptcy Courthouse News Service Katherine Blunt Peg Brickley June 16 2020 PG amp E to Exit Bankruptcy After Wildfires Still Saddled With Debt The Wall Street Journal ISSN 0099 9660 Wikidata Q114357276 Retrieved October 2 2022 Hedge funds other investors stand to make billions from complex chapter 11 case while fire victims paid part of settlement in stock face uncertainty about cashing out Morris J D June 7 2020 Full funds for PG amp E fire victims may not be ready for 6 years lawyer says The San Francisco Chronicle Penn Ivan June 12 2020 PG amp E Gives Wildfire Victims More Stock in Bankruptcy Plan The New York Times a b c d Iovino Nicholas June 12 2020 PG amp E Boosts Stock for Fire Victims in Bankruptcy Case Courthouse News Service a b Frequently Asked Questions FAQ s for Fire Victims PDF download Prime Clerk Retrieved August 28 2020 Morris J D Cassidy Megan December 17 2019 Judge allows Ghost Ship families to move forward with civil case against PG amp E San Francisco Chronicle Archived from the original on December 18 2019 Retrieved December 23 2019 The judge s decision frees Ghost Ship plaintiffs to seek payout from what plaintiffs attorneys say is a 900 million pot of insurance money but disqualifies them from a cut of the 13 5 billion settlement that will be shared with wildfire victims a b Debolt David August 19 2020 Pacific Gas and Electric settles Ghost Ship fire lawsuit Times Herald a b Eavis Peter March 23 2020 PG amp E Will Plead Guilty to Involuntary Manslaughter in Camp Fire The New York Times Retrieved March 23 2020 Ortiz Jorge L June 16 2020 PG amp E pleads guilty to 84 counts of involuntary manslaughter for 2018 Northern California fire USA Today a b Penn Ivan July 1 2020 PG amp E Troubled California Utility Emerges From Bankruptcy The New York Times a b Fire Victim Trust Funded July 1st PR Newswire July 1 2020 PG amp E Chief Executive Geisha Williams leaves as utility readies for possible bankruptcy Los Angeles Times Retrieved January 23 2019 Pacific Gas amp Electric 5 4 15jan2040 www cbonds com Archived from the original on January 16 2019 Retrieved January 15 2019 PG amp E wins approval for 23 billion bankruptcy financing package Reuters March 17 2020 Retrieved May 10 2020 Confused about PG amp E s bankruptcy Here s what you need to know Mercury News January 24 2020 Retrieved May 10 2020 Pacific Gas amp Electric Company card www cbonds com Retrieved January 15 2019 Gheorghiu Iulia March 11 2019 A PG amp E bankruptcy timeline The road to Chapter 11 and beyond Utility Dive Archived from the original on April 1 2019 Retrieved May 2 2019 Brekke Dan March 28 2019 Governor Blasts PG amp E Says Utility Is Focused on Quick Profits Over Safety KQED Archived from the original on March 29 2019 Retrieved March 29 2019 Penn Ivan Eavis Peter Hepler Lauren April 3 2019 PG amp E Reveals New C E O and a Revamped Board of Directors The New York Times ISSN 0362 4331 Archived from the original on April 4 2019 Retrieved April 4 2019 Governor Newsom Outlines State Efforts to Fight Wildfires Protect Vulnerable Californians and Ensure That Going Forward All Californians Have Safe Affordable Reliable and Clean Power Office of the Governor of California November 1 2019 Gonsales Richard November 1 2019 Calif Governor Seeks to Jumpstart PG amp E Bankruptcy Talks Threatens State Takeover NPR Retrieved November 3 2019 Woodrow Melanie October 24 2019 Kincade Fire Gov Gavin Newsom slams PG amp E for mismanagement greed as cause of wildfire remains under investigation ABC7 Retrieved January 2 2020 Moon Sarah October 25 2019 Newsom says PG amp E did not do their job and should be held accountable CNN Retrieved January 2 2020 Leaders Representing Majority of PG amp E Customers Want a Takeover Bloomberg December 5 2019 David Louie November 6 2019 22 mayors including San Jose s pushing to make PG amp E customer owned ABC7 News San Francisco Offers to Buy PG amp E Electric Grid in the City for 2 5 Billion KQED Retrieved October 30 2022 PG amp E Seeks OK for 454M in Employee and Executive Bonuses www courthousenews com Retrieved October 30 2022 Penn Ivan Eavis Peter June 16 2020 PG amp E Pleads Guilty to 84 Counts of Manslaughter in Camp Fire Case The New York Times Retrieved June 16 2020 About half of the 13 5 billion in compensation PG amp E is paying wildfire victims will be in the form of company stock leaving roughly 70 000 of them owning a little more than 22 percent of PG amp E once it leaves bankruptcy The company also plans to pay off its bond debt in full and its existing shareholders will continue to own a big chunk of PG amp E an unusual outcome in Chapter 11 bankruptcy cases like this one Chediak Mark Church Steven September 10 2019 PG amp E s Plan to Cap Fire Liabilities at 18 Billion Draws Ire Bloomberg News PG amp E reaches bankruptcy deal with California governor CNBC March 20 2020 Morris J D November 19 2020 PG amp E names Michigan utility chief as new CEO SFChronicle com Retrieved December 27 2020 Consumers Energy chief Patti Poppe takes on big challenge with new job Michigan will always be home Crain s Detroit Business November 18 2020 Retrieved December 27 2020 PG amp E s top boss harvests total exec pay that tops 50 million The Mercury News April 7 2022 Retrieved October 30 2022 Poppe s 51 2 million total pay package was enriched primarily by 41 2 million in awards of stock the annual SEC filing shows The PG amp E CEO also was awarded a bonus of 6 6 million and a base salary of 1 3 million As Part of Commitment to Reimagining PG amp E for the Future Company Plans to Relocate Headquarters to Oakland and Will Seek to Sell San Francisco Headquarters Complex Press release Pacific Gas amp Electric June 8 2020 Retrieved December 4 2020 Avalos George October 2 2020 PG amp E details timing of headquarters shift to downtown Oakland The Mercury News San Jose Retrieved December 4 2020 Diablo Canyon Power Plant www pge com Retrieved May 1 2020 NRC Humboldt Bay www nrc gov Retrieved May 1 2020 Pena Michael Writer Chronicle Staff January 23 2001 Power Plant Plan Not Sitting Well On Potrero Hill Residents worried about pollution SFGate Retrieved May 1 2020 PG amp E Corporation February 16 2012 10 K Annual Report for the year ended December 31 2011 p 22 Archived from the original on May 21 2013 Retrieved July 14 2012 Powerhouse Inside Mountain has Six Mile Waterfall March 1959 Popular Mechanics Archived April 26 2016 at the Wayback Machine the Haas Powerhouse at the Wishon Reservoir Statement made repeatedly by Dr Bill Wattenburg during his weekly radio show in 2007 and 2008 broadcast on radio station KGO out of San Francisco California Conservation Fallout Nuclear Protest at Diablo Canyon dead link Decision D1402024 Adopts Phase 1 of the Triennial Review of Nuclear Decommissioning Costs and Activities as related to Huboldt Bay Power Plant Unit 3 PDF Archived PDF from the original on February 15 2017 Retrieved August 6 2018 a b Paula Garb Critical Masses Opposition to Nuclear Power in California 1958 1978 book review Archived July 4 2010 at the Wayback Machine Journal of Political Ecology Vol 6 1999 Office of Technology Assessment 1984 Public Attitudes Toward Nuclear Power Archived November 8 2010 at the Wayback Machine p 231 a b Humboldt Bay Generating Station USA PG amp E Hunters Point Power Plant Officially Closes May 15 2006 Archived from the original on December 8 2012 PG amp E charges ahead Archived from the original on July 8 2011 Retrieved May 13 2010 PG amp E backs 3 solar plants in the Mojave Archived May 13 2012 at the Wayback Machine by David R Baker San Francisco Chronicle April 1 2008 Space Solar Power The Next Frontier Next100 Pacific Gas amp Electric Archived from the original on April 15 2009 Retrieved July 22 2013 Full text of the Warren Alquist Act see section 25524 2 PDF Energy ca gov Archived PDF from the original on September 28 2006 Retrieved February 26 2007 Biennial RPS Program Update Section 913 6 Report January 2016 Page 5 California Public Utilities Commission Archived from the original on May 9 2016 Retrieved April 20 2016 Tarantola Andrew December 20 2017 California is set to hit its green energy goals a decade early Engadget Archived from the original on December 27 2017 Retrieved December 27 2017 Lillian Betsy February 21 2018 PG amp E Hits California s Renewables Goal Years Ahead Of Schedule North American Wind Power Archived from the original on February 21 2018 Retrieved February 21 2018 amp E SoCalGas and Opus 12 Announce Advancements in Technology that Converts Carbon Dioxide to Renewable Natural Gas PG amp E Currents PG amp E Currents Retrieved August 14 2020 a b Pacific Gas and Electric Company s Sustainability Report for 2020Q4 PDF Archived from the original PDF on October 12 2021 Alt URL Pacific Gas and Electric Company s Sustainability Report for 2019Q4 PDF Archived from the original PDF on December 12 2021 Alt URL Pacific Gas and Electric Company s Sustainability Report for 2020Q4 PDF Archived from the original PDF on October 12 2021 Alt URL Pacific Gas and Electric Company s Sustainability Report for 2020Q4 PDF Archived from the original PDF on October 12 2021 Alt URL Gambill Jerry ed 1970 PG amp E boycott begins Akwesasne Notes Vol 2 no 5 p 33 a b c The Erin Brockvich effect How media shapes toxics policy PDF Environs 26 2 219 32 2003 Archived PDF from the original on February 7 2016 Retrieved April 17 2016 a b c Heath David June 3 2013 Erin Brockovich s Biggest Debunker Debunked A closer look finds serious flaws in the research of a scientist trying to disprove an infamous California cancer cluster Center for Public Integrity via Mother Jones archived from the original on June 7 2013 retrieved April 13 2013 a b c Welkos Robert W March 12 2000 Digging for the Truth With tensions over accuracy in film running high Erin Brockovich pays attention to real life detail archived from the original on July 6 2013 retrieved April 13 2013 David Heath March 13 2013 How industry scientists stalled action on carcinogen Center for Public Integrity Archived from the original on March 18 2016 Retrieved April 14 2016 Venturi September 28 2013 PG amp E Hit With Class Action Lawsuit Over Lingering Hinkley Contamination Hinkley San Bernardino County Sentinel Archived from the original on April 12 2016 Retrieved April 13 2016 Steinberg Jim March 18 2015 Hinkley continues to shrink Desert town set to lose only market gas station Post Office Archived from the original on March 4 2016 Retrieved April 17 2016 a b Possible Interference in the Scientific Review of Chromium VI Toxicity Senate Health and Human Services Committee Senate Hearing Los Angeles California February 28 2003 a b Flegal Russell Last Jerold McConnell ToxPath Ernest E Schenker Marc Witschi Hanspeter August 31 2001 Scientific Review of Toxicological and Human Health Issues Related to the Development of a Public Health Goal for Chromium VI PDF Chromate Toxicity Review Committee via OEHHA p 32 archived PDF from the original on April 28 2016 retrieved April 14 2016 Borneff J Engelhardt K Griem W Kunte H Reichert J 1968 Experiment with 3 4 benzopyrene and potassium chromate in mice drink Arch Hyg Bakteriol Carcinogens in water and soil 152 XXII 45 53 Egilman David 2006 Corporate Corruption of Science The Case of Chromium VI PDF International Journal of Occupational and Environmental Health 12 2 169 176 doi 10 1179 oeh 2006 12 2 169 PMID 16722197 S2CID 27619936 Archived PDF from the original on February 5 2017 Retrieved April 17 2016 6 Class Action Lawsuits that Changed U S History IVEY Engineering November 20 2012 archived from the original on April 23 2016 retrieved April 14 2016 State Adoption of a Hexavalent Chromium MCL PDF California Department of Public Health Archived PDF from the original on October 13 2014 Retrieved October 8 2014 a b Fact Sheet Frequently Asked Questions about Hexavalent Chromium in Drinking Water PDF California Environmental Protection Agency CalEPA Sacramento California 2015 archived PDF from the original on April 28 2016 retrieved April 14 2016 a b c Protecting Americans From Danger in the Drinking Water PBS Science for Sale March 13 2013 archived from the original on February 5 2017 retrieved September 7 2017 a b Clean up and abatement order PDF The California Regional Water Quality Control Board Lahontan Region Water Board San Bernardino County no R6V 2015 0068 2015 archived PDF from the original on April 28 2016 retrieved April 17 2016 Lovett Ian January 23 2016 Gas Leak in Los Angeles Has Residents Looking Warily Toward Flint New York Times Archived from the original on January 27 2016 Retrieved January 24 2016 John Morgan Loma Linda University Health 2015 Morgan John W Prendergast Thomas September 25 2000 Community Cancer Assessment in Hinkley California 1988 1993 Hinkley cancer cluster or not The Desert Sierra Cancer Surveillance Program DSCSP Retrieved April 14 2016 Schwartz Naoki December 13 2010 Survey shows unremarkable cancer rate in CA town Boston Globe archived from the original on March 4 2016 retrieved April 17 2016 PG amp E Offers 250 000 Reward In San Jose Substation Attack www cbsnews com Retrieved July 31 2022 250 000 Reward Offered In Vandalism Of San Jose AT amp T Wires www cbsnews com Retrieved July 31 2022 Sniper Attack On Calif Power Station Raises Terrorism Fears NPR org Retrieved July 31 2022 Pagliery Jose October 16 2015 Sniper attack on California power grid may have been an insider DHS says CNNMoney Retrieved July 31 2022 PG amp E settles forest fire suits for 29 5 million March 15 2012 Jim Doyle June 20 1997 PG amp E Guilty In 1994 Sierra Blaze 739 counts of negligence for not trimming trees San Francisco Chronicle Michael Shaw July 28 2009 PG amp E to pay 14 75M for Pendola fire damage Demian Bulwa March 15 2012 PG amp E settles forest fire suits for 29 5 million San Francisco Chronicle Michael Martinez December 2 2011 California gas utility fined 38 million for 2008 explosion that killed 1 CNN Kate Larsen January 26 2017 PG amp E RECEIVES MAXIMUM SENTENCE FOR 2010 SAN BRUNO EXPLOSION abc7news Rachel Swan June 9 2017 PG amp E to pay 1 6 million to settle suit over Carmel blast The history of PG amp E s problems abc10 com March 11 2019 Erin Allday Roland Li January 1 2019 PG amp E faced new scrutiny Role in wildfires Many workers spotted Butte County blaze early San Francisco Chronicle p A1 a b J D Morris January 1 2019 PG amp E faces new scrutiny Federal prosecutors Utility may have violated San Bruno probation San Francisco Chronicle p A1 J D Morris May 1 2019 PG amp E wildfire plan faces scrutiny San Francisco Chronicle p D1 a b Luna Taryn May 29 2019 Newsom and legislative leaders decline to embrace changes to California s wildfire liability law Los Angeles Times Archived from the original on June 2 2019 Retrieved October 16 2019 a b Luna Taryn July 25 2019 California utilities agree to pay 10 5 billion into new wildfire fund Los Angeles Times Archived from the original on August 1 2019 Retrieved October 16 2019 a b c Wilson Janet October 11 2019 California power lines spark wildfires and prompt blackouts Why not just bury them USA Today Archived from the original on October 15 2019 Retrieved October 27 2019 Morris J D October 27 2019 Put PG amp E s power lines underground It can be done expensively and slowly San Francisco Chronicle Retrieved October 27 2019 a b c d Penn Ivan July 21 2021 PG amp E Aims to Curb Wildfire Risk by Burying Many Power Lines The California utility said the work would involve about 10 000 miles of its network a project potentially costing tens of billions of dollars The New York Times About 18 percent of the country s electric distribution lines are buried including those for nearly all new residential and commercial developments according to the Edison Electric Institute an industry trade group PG amp E Will Bury 10 000 Miles of Power Lines So They Don t Spark Wildfires Associated Press July 21 2021 Most of the costs will likely be shouldered by PG amp E customers whose electricity rates are already among the highest in the U S a b Doyle Jim June 20 1997 PG amp E Guilty In 1994 Sierra Blaze 739 counts of negligence for not trimming trees SF Chronicle a b Gullo Karen April 4 2014 PG amp E Charged by U S Over Fatal 2010 Pipeline Explosion Bloomberg archived from the original on October 29 2015 retrieved April 17 2016 a b Young Valerie March 30 2016 Rising Through The Ranks Interview with PG amp E CEO Tony Earley The Street archived from the original on April 15 2016 retrieved April 17 2016 Van Derbeken Jaxon December 16 2010 PG amp E inspection methods questioned in May audit San Francisco Chronicle Archived from the original on July 7 2012 Retrieved December 20 2010 NTSB hits pipeline owner regulators in deadly California blast CNN August 31 2011 Archived from the original on November 10 2012 Retrieved August 30 2011 a b The Pipeline Safety Act is available at 49 U S C 60101 60301 2012 Refusing to settle why public companies go to trial in federal criminal cases PDF American Criminal Law Review 52 20 Archived PDF from the original on May 9 2016 Retrieved April 17 2016 Indictment United States v Pac Gas amp Elec Co No 3 14 cr 00175 N D Cal April 1 2014 hereinafter PG amp E Indictment Indictment United States v Pac Gas amp Elec Co No 3 14 cr 00175 N D Cal April 1 2014 hereinafter PG amp E Indictment a b Proceeding Details Gwendolyn Wu December 15 2018 PG amp E suspected of gas line violations San Francisco Chronicle p A11 PG amp E false records penalty grows from 65 million to 110 million January 18 2020 Maccarthy Guy Cal Fire confirms PG amp E caused Butte Fire Union Demorcrat Archived from the original on January 14 2019 Retrieved January 14 2019 a b Mohler Michael June 8 2018 CAL FIRE Investigators Determine Causes of 12 Wildfires in Mendocino Humboldt Butte Sonoma Lake and Napa Counties PDF CALFIRE CAL FIRE Investigators Determine the Cause of the Cascade Fire PDF Cal Fire news release Archived PDF from the original on November 16 2018 Retrieved January 14 2019 Morris J D Cassidy Megan December 17 2019 Judge allows Ghost Ship families to move forward with civil case against PG amp E San Francisco Chronicle Archived from the original on December 18 2019 Retrieved December 23 2019 The Ghost Ship plaintiffs civil case against PG amp E contends that the blaze that killed 36 people in an Oakland warehouse on Dec 2 2016 was caused by an electrical malfunction Officials never determined a cause for the inferno but a lead investigator testified during criminal proceedings that she believed it was sparked by an electrical failure Statistics amp Events Archived from the original on June 22 2006 Top 20 Most Destructive California Wildfires PDF CAL FIRE Retrieved October 20 2017 Callahan Mary Johnson Julie January 2 2019 Cal Fire Private equipment not PG amp E caused Tubbs fire Santa Rosa Press Democrat Retrieved January 25 2019 PG amp E s stock jumps 75 percent as financial outlook brightens Santa Rosa Press Democrat January 2 2019 Retrieved January 25 2019 Morris J D August 19 2019 PG amp E shares plunge 25 after judge allows Tubbs Fire trial The San Francisco Chronicle Baldassari Erin November 11 2018 Camp Fire death toll grows to 29 matching 1933 blaze as state s deadliest East Bay Times Archived from the original on November 12 2018 Retrieved November 12 2018 a b The Guardian 16 June 2020 PG amp E Confesses to Killing 84 People in 2018 California Fire as Part of Guilty Plea The fire Which Completely Devastated the Town of Paradise Was Blamed on The Company s Crumbling Electrical Grid Morris J D November 13 2018 PG amp E sued by Camp Fire victims San Francisco Chronicle Archived from the original on November 14 2018 Retrieved November 15 2018 Cal Fire s Official Finding PG amp E Power Lines Touched Off Camp Fire KQED Utility emailed woman about problems 1 day before fire Archived November 15 2018 at the Wayback Machine by Martha Mendoza and Garance Burke AP News November 13 2018 Chamberlain Samuel November 12 2018 Utility contacted woman about power line problems day before deadly wildfire report says Fox News Archived from the original on November 13 2018 Retrieved November 13 2018 Prime Clerk restructuring primeclerk com Isidore Chris January 14 2019 PG amp E utility tied to wildfires will file for bankruptcy CNN com Archived from the original on January 14 2019 Retrieved January 14 2019 Form 8 K Current report SEC Accession No 0000950157 19 000032 EDGAR Security and Exchange Commission January 14 2019 Archived from the original on January 30 2019 Retrieved January 14 2019 Romo Vanessa June 16 2020 PG amp E Pleads Guilty On 2018 California Camp Fire Our Equipment Started That Fire NPR Kincade fire biggest in county history has scorched an area 3x the size of Santa Rosa Santa Rosa Press Democrat October 30 2019 Archived from the original on November 14 2019 Retrieved May 6 2020 PG amp E Public Safety Power Shutoff Report to the CPUC PDF October 31 2018 PG amp E Massive power shut off to hit 800 000 customers could extend nearly a week October 9 2019 A victim of their own failure Why PG amp E s massive power shutdown in California was inevitable news yahoo com https www bloomberg com news articles 2019 10 10 unprecedented california blackout spreads with millions in dark Utility Company PSPS Post Event Reports www cpuc ca gov https www fire ca gov media edwez51p dixie fire release pdf bare URL PDF Barbara Arrigoni David Pollak Ryan Olson January 26 2015 Update PG amp E crews start cutting trees near Oroville Cemetery despite protests Chico ER News Archived from the original on March 12 2019 PG amp E tree cutting in gas easements upsets Riverbank residents Modesto Bee July 8 2015 Archived from the original on January 13 2018 Retrieved January 12 2018 Update Walnut Creek says no to PG amp E tree removal program ABC 7 News January 1 2015 Archived from the original on January 12 2018 Retrieved January 12 2018 Save Lafayette Trees Save Lafayette Trees Archived from the original on March 27 2019 Retrieved October 10 2019 Lawsuit Filed To Stop PG amp E Plan To Cut Trees In Lafayette KPIX 5 News July 27 2017 Archived from the original on January 23 2019 Retrieved January 22 2019 Effects of Tree Roots on External Corrosion Control PDF Det Norske Veritas March 25 2015 Archived PDF from the original on August 13 2019 Retrieved August 8 2019 Structure Consulting Group LLC September 2 2010 PG amp E Advanced Metering Assessment Report PDF Report Houston Texas p 11 Archived from the original PDF on October 8 2010 Retrieved January 14 2019 Lifsher Marc Klein Dianne June 10 2010 PG amp E s customers vote down Prop 16 Los Angeles Times Archived from the original on January 28 2012 Retrieved August 31 2011 Portero Ashley December 9 2011 30 Major U S Corporations Paid More to Lobby Congress Than Income Taxes 2008 2010 International Business Times Archived from the original on January 7 2012 Retrieved December 26 2011 PG amp E to restate results show off balance sheet leases 10 Emails That Detail PG amp E s Cozy Relationship with Regulators PG amp E email scandal Top executive at California utility regulator to step down San Francisco Business Times Archived from the original on December 18 2014 Extended Tax Relief Act PDF PG amp E December 20 2012 archived PDF from the original on September 11 2015 retrieved April 17 2016 a b c DuSault Laurence March 12 2021 Here s why your electricity prices are high and soaring PG amp E customers pay 80 more than national average report San Jose Mercury News So why are prices so high One reason is that California s size and geography inflate the fixed costs of operating its electric system which include maintenance generation transmission and distribution as well as public programs like CARE and wildfire mitigation according to the study Those costs don t change based on how much electricity residents consume yet between 66 and 77 percent of Californians electricity bills are used to offset the costs of those programs the study found CPUC Investigators Found PG amp E Falsified Thousands of Call Before You Dig Records KQED PG amp E Facing Increased Penalties for Failing to Locate Mark Underground Natural Gas Pipelines Natural Gas Intelligence January 21 2020 PG amp E s other big problem Regulators detail gas record falsification claims January 20 2019 PG amp E links executive departures to corrective actions over safety charges December 18 2018 Dennis Wyatt April 24 2013 LAFCo treating SSJID differently than Lathrop power provider Mantecabulletin com Archived from the original on March 5 2016 Retrieved July 7 2014 Facts not Fear Save 15 Percent on Your Electric Rates with SSJID Savewithssjid com Archived from the original on July 16 2014 Retrieved July 7 2014 SSJID Board Unanimously Approves Filing Application With San Joaquin Local Agency Formation Commission Board Support is First Step Toward 15 Savings on Retail Electric Rates in SSJID s Service Territory Business Wire 2009 archived from the original on May 5 2016 retrieved April 17 2016 a b Wyatt Dennis March 14 2016 SSJID wins power play Manteca Bulletin archived from the original on May 8 2016 retrieved April 17 2016External links Edit Wikimedia Commons has media related to Pacific Gas and Electric Company Official website Business data for PG amp E Corporation BloombergGoogleReutersSEC filingsYahoo link, wikipedia, wiki, book, books, library,

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